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High Court of DelhiO.M.P.(I) (COMM.)/395/2016

Spml Infra Limited v. Ntpc Ltd.

2016-12-22Hon'Ble Dr. Justice S.Muralidhar1 pages

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(I) (COMM.) 395/2016 SPML INFRA LIMITED ..... Petitioner Through: Mr. Prateek Jain with Mr. Rakesh Sinha, Mr. Samrat Sengupta, Mr. Rahul Kriplani, Mr. Ankit Yadav, Mr. Sooumyajit Data, Advocates.

versus NTPC LTD ....Respondent Through: Mr. Bharat Sangal with Ms. Vernika Tomar, Ms. Vidushi Garg and Ms. Anindita Deka, Advocates.

CORAM: JUSTICE S.MURALIDHAR

O R D E R

% 22.12.2016

1. It is not in dispute that the bank guarantees in question have already been encashed.

2. It is open to the Petitioner to seek appropriate interim reliefs in the arbitration proceedings, if and when they commence.

3. The petition is disposed of.

S.MURALIDHAR, J DECEMBER 22, 2016 Rm