Abg Infralogistics Limited v. Era Infra Engineering Limited

$~2 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ CO.PET. 735/2014 and CA 2719/2014, 281/2015, 2582/2015 ABG INFRALOGISTICS LIMITED ..... Petitioner Through: Mr. Apoorv Tripathi, Advocate versus ERA INFRA ENGINEERING LIMITED ..... Respondent Through: Mr. Divij Kumar, Advocate with Mr.

T.D.

Arora, Director, Mr.

Ajay Garg, Vice President, Mr.

Vishesh Kumar Walia, GM (Taxation), Mr. Bharat Chand Yadav and Mr.

Amit Sharma, authorised representatives of the respondent company Mr.Mohit Kumar Shah, Advocate for NTPC

CORAM:

HON'BLE MR. JUSTICE RAJIV SHAKDHER

O R D E R

% 17.02.2016 The learned counsel for the petitioner affirms that the principal sum equivalent to Rs.26,95,949/- has already been paid by the respondent.

The learned counsel for the petitioner asserts that some amount should be paid towards interest. The learned counsel for the parties are agreed that the interest be quantified at Rs. 2,39,000/-. Furthermore, the learned counsel for the respondent undertakes to the court that this amount will be paid within four weeks from today.

CO.PET. 735/2014

Based on the submission made before me, the learned counsel for the petitioner says that he does not wish to press the captioned petition any further.

Needless to say, in case of default, the petitioner will have liberty to revive the present petition and take recourse to an appropriate remedy that may be available to it, in law. The captioned petition and the pending applications are disposed of, in the aforesaid terms.

Dasti under the signatures of the Court Master. RAJIV SHAKDHER, J FEBRUARY 17, 2016 yg CO.PET. 735/2014