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2022 DAILYLAW 2775 (DEL)

STELLAR DYNAMICS PVT. LTD. v. INTELLO AIR

RFA/598/2022 · 2026-05-12

Neena Bansal Krishna

body2022

Judgment text

Extracted from the PDF above. The PDF is authoritative.

$~50 * IN THE HIGH COURT OF DELHI AT NEW DELHI + RFA 598/2022, CM APPL. 3139/2026 (for release the Demand Draft) STELLAR DYNAMICS PVT. LTD. .....Appellant Through: Mr. Ajit Upadhyay, Advocate. versus INTELLO AIR .....Respondent Through: Mr. Sandeep Verma, Advocate. CORAM: HON'BLE MS. JUSTICE NEENA BANSAL KRISHNA O R D E R % 12.05.2026 File is taken up today on the Office Note wherein the Bank Guarantee of Rs.24,50,000/- has been provided by ICICI Bank, which is not a Nationalized Bank as was directed vide Order dated 07.04.2026. Though, vide Order dated 10.12.2025, it was directed that the Bank Guarantee be of a Nationalized Bank. However, the Bank Guarantee of ICICI Bank in lieu thereof may be accepted. NEENA BANSAL KRISHNA, J MAY 12, 2026/RS This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 15/05/2026 at 12:40:07