Mascot Buildcon Private Limted v. Union Of India And ORS

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IN THE HIGH COURT OF DELHI AT NEW DELHI

LPA 167/2017 RAGHAVBUILDCONPRIVATELIMITED Appellant Through:

Mr. HrishikeshBaruahwithMr.

PranavJain,Ms. RadhikaGupta, Mr. KshitijPaliwal&Mr. Siddh'ant Kaushik, Advocates versus UNIONOF INDIAAND ORS t> j T'u L ., Respondents Through:

Mr. AkshayMakhija,CGSCwitfi Mr. AdityaGoyal,Advocatefor R1 Mr. HSParihar,Mr. KuldeepS Parihar,AdvocateforRBI Mr. SanjayBajaj,Mr. AjayBahl And Ms. RigashaTakkar,Advocate ForR-3/Punjab& SindhBank LPA 172/2017&CM APPL.Nos. 43312-43313/2017 MASCOTBUILDCONPRIVATELIMTED Appellant Through:

Mr. HrishikeshBaruahwithMr.

PranavJain,Ms. RadhikaGupta, ^ Mr. KshitijPaliwal&Mr. Siddhant Kaushik, Advocates versus unionOF INDIAANDORS Respondents Through:

Mr. AkshayMakhija,CGSC with Mr. AdityaGoyal,Advocatefor R1 Mr. HSParihar,Mr. KuldeepS Parihar,Advocatefor RBI Mr. SanjayBajaj,Mr. AjayBahl And Ms. RigashaTakkar,Advocate + CORAMR-3/Punjab&SindhBank HON'BLEMR.JUSTICES. RAVINDRABHAT HON'BLEMR. JUSTICESANJEEVSACHDEVA By:AMULYA LPA 167/2017& 172/2017

% P R D K R 28.11.2017 Aftersome hearing,we are of the opinionta the impugned or er wh,ch ruiedout the maintainabiiityofthe Writ Petitionon the groundofavatiabiiityoftheeffieaciesandaitemativeremedyby way ofaSuit,cannotbe faultedwith.

In the event, the appeiiantapproachesthe Civii Court in an appropnateproceeding,he wiii be entitiedto the benefitofSectionI# ofthe LtmitationAct. i963,on the issueofiimitationto theextentof ttme spent, mthe prosecutionof the Writ Petitionand the pmsent appeal.

All the rightsand contentionsofthepartiesarereserved. The appealis disposedofin viewofthe aforesaid. S. RAVINDRABHAT,J c-S-- NOVEMBER28,2017/P SAl&iEEVSACHDEVA,J # LPA 167/2017&172/2017