Reliance Infrastructure Ltd v. Damodar Valley Corporation

IN THE HIGH COURT AT CALCUTTA

In appeal from its ORDINARY ORIGINAL CIVIL JURISDICTION CIVIL APPELLATE JURISDICTION (Commercial Division) APO No. 203 of 2023 with AP No. 40 of 2020 Damodar Valley Corporation

Versus

Reliance Valley Corporation And APO No. 204 of 2023 with AP No. 40 of 2020 Reliance Valley Corporation

Versus

Damodar Valley Corporation Before:

The Hon'ble Justice I. P. MUKERJI And The Hon'ble Justice BISWAROOP CHOWDHURY Date: 27th September 2024 Appearance:

Ms. Urmila Chakraborty, Advocate ... for the appellant in APO 203/2023 & respondent in APO 204/2023 Mr. Paritosh Sinha, Advocate, Mr. Saptarshi Banerjee, Advocate, Ms. Srayashee Das, Advocate, Mr. Himangshu Bhawsinghka, Advocate ... for the respondent in APO 204/2023 & appellant in APO 203/2023 The Court:

Ms.

Urmila Chakraborty, learned advocate appearing for Damodar Valley Corporation prays for stay of operation of today's judgment and order.

Considering all relevant facts, we direct that the status quo regarding the bank guarantee be maintained by the Registrar, Original Side till 23rd October 2024.

(I. P. MUKERJI, J.) (BISWAROOP CHOWDHURY, J.) R. Bose