M/S Ge T&D India Limited v. Rattanindia Power Limited & ORS.

$~28-29 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ O.M.P.(I) (COMM.) 167/2019 (2^/0.M.P.(I) (COMM.) 168/2019 M/S GE T&D INDIA LIMITED Petitioner Through: Mr.Rajiv Nayar, Sr.Adv. with Mr.Aseem Chaturvedi, Mr.Milind Sharma, Mr.Shivank Diddi, Advs.

versus RATTANINDIA POWER LIMITED & ORS Respondents Through: Mr.Jeevesh Nagrath, Mr.K.Pandit, Mr.Chandan Dutta, Advs. for R-1-2 Mr.Sidhartha Barua, Ms.Adity Gupta,Advs.for R-3

CORAM:

HON'BLE MR. JUSTICE NAVIN CHAWLA

ORDER

% 28.05.2019 lA 8034/2019 in OMPmtComm.1 167/2019 lA 8035/2019 in OMPmtComin.1 168/2019 Exemptions allowed subject to all just exceptions. OMPrnrComm.) 167/2019 & OMPmiCornin.1 168/2019 Issue notice. Notice is accepted by Mr.Jeevesh Nagrath and Mr.Sidhartha Baura, Advocates on behalf of respondent nos.l, 2 and 3, respectively.

Counsel for the respondent nos.l and 2 submits that the petitioner has not renewed the bank guarantees in question. Learned senior counsel for the petitioner submits that the bank guarantees would be duly renewed on or before 04.06.2019. Subject to such renewal and furnishing the proof thereof to the respondents by 04.06.2019, the counsel for the respondents agree that if for any reason the respondents wish to invoke the bank guarantees in question, they shall give an advance notice of ten days to the By:AMULYA

petitioner of such intent.

The petitions are disposed of recording the above submissions. Dasti under the signature of the Court Master. NAVIN CHAWLA, J MAY 28, 2019 RN