Panem Coal Mines Limited v. Punjab State Power Corporation Limited & ANR.

$~118 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 2825/2025 PANEM COAL MINES LIMITED .....Petitioner Through:

Mr. Abhimanyu Bhandari, Sr. Adv., Mr. Ankit Aggarwal and Ms. Kavya Jain, Advs.

versus PUNJAB STATE POWER CORPORATION LIMITED & ANR. .....Respondents Through:

Ms.

Anusha Nagarajan, Ms.

Aakanksha Bhola and Ms. Carina Arora, Advs.

CORAM:

HON'BLE MR. JUSTICE SACHIN DATTA % 04.12.2025

O R D E R

CM APPL.76463/2025 (filed on behalf of R-1 for directions) 1.

This is an application filed by the respondent no.1 seeking that the petitioner be directed to keep the Performance Bank Guarantee No.014GT02062700005 dated 27.09.2006 alive.

2.

After some hearing, learned counsel for the applicant seeks leave to withdraw the present application with leave to avail appropriate remedies especially considering that the bank guarantee was not renewed by the petitioner despite pendency of the present petition. 3.

The application is dismissed as withdrawn, with liberty, as prayed for. W.P.(C) 2825/2025 4.

Learned counsel for the petitioner seeks to withdraw the present petition.

5.

The same is accordingly, dismissed as withdrawn. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 08/12/2025 at 13:57:31

6.

The date already fixed i.e. 16.02.2026 stands cancelled. SACHIN DATTA, J DECEMBER 4, 2025/cl The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 08/12/2025 at 13:57:31