M. Venkata Rao Infra Projects Pvt. Ltd. v. National Highways Authority Of India & ANR.

$~19 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(I) (COMM.) 399/2017 M. VENKATA RAO INFRA PROJECTS PVT. LTD.

..... Petitioner Through : Mr.Anil Seth, Advocate.

versus NATIONAL HIGHWAYS AUTHORITY OF INDIA & ANR.

..... Respondents Through : Mr.Mukesh Kumar, Advocate.

CORAM:

HON'BLE MR. JUSTICE YOGESH KHANNA

O R D E R

% 19.01.2018 It is informed the learned arbitrator has since been appointed and matter is pending for preliminary hearings. Both the learned counsels concedes to treat this petition as an application under Section 17 of the Arbitration and Conciliation Act, 1996 and be referred to the learned arbitrator. Subject to keeping the bank guarantees alive by the petitioner, the respondent shall not encash such bank guarantees till further orders or till as and when varied by the learned arbitrator. In view of above, the petition stands disposed of. YOGESH KHANNA, J JANUARY 19, 2018 M