Bhushan Steel Ltd v. Gail(India) Ltd

$~24 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(I) (COMM.) 273/2016 BHUSHAN STEEL LTD ..... Petitioner Through Mr Salman Khurshid & Mr Anil Airi, Sr Advocates with Ms Azra Rehman, Ms Alisha Panda, Mr Ravi chandana, Ms Sakshi Kotiyal & Mr Aman Madan, Advs.

versus GAIL(INDIA) LTD ..... Respondent Through Mr Sachin Puri, Sr Adv with Ms Purnima Maheshwari, Ms Hrshika Pandit and Mr D K Singh, Advs for R1.

Mr Kailash Sharma, Adv for R2.

CORAM:

HON'BLE MR. JUSTICE VIBHU BAKHRU

O R D E R

% 11.07.2016 IA 7718/2016 Allowed, subject to all just exceptions.

The application is disposed of.

O.M.P.(I) (COMM.) 273/2016 Learned senior counsel appearing on behalf of Petitioner submits that present petition has become infructuous as the Bank Guarantee in question has already been encashed. He seeks leave to withdraw this petition with liberty to agitate the issues before the appropriate forum.

Dismissed as withdrawn with aforesaid liberty. VIBHU BAKHRU, J JULY 11, 2016/M