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2025 DAILYLAW 14810 (DEL)

CONTAINER CORPORATION OF INDIA LIMITED v. NATIONAL HIGHWAYS LOGISTICS MANAGEMENT LTD

O.M.P.(I) (COMM.)/116/2025 · 2025-04-04

Jyoti Singh

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

$~58 * IN THE HIGH COURT OF DELHI AT NEW DELHI + O.M.P.(I) (COMM.) 116/2025 CONTAINER CORPORATION OF INDIA LIMITED.....Petitioner Through: Mr. Rahul Raj Mishra and Mr. Ishaan Raj, Advocates. versus NATIONAL HIGHWAYS LOGISTICS MANAGEMENT LTD .....Respondent Through: Mr. Santosh Kumar, Standing Counsel with Mr. Adithya Ramani and Mr. Kartik Gupta, Advocates. CORAM: HON'BLE MS. JUSTICE JYOTI SINGH O R D E R % 04.04.2025 I.A. 8847/2025 1. Allowed, subject to all just exceptions. 2. Application stands disposed of. O.M.P.(I) (COMM.) 116/2025 3. This is a petition under Section 9 of the Arbitration and Conciliation Act, 1996 read with Section 151 CPC seeking a direction to restrain the Respondent from forfeiture of the Performance Bank Guarantee bearing No. 003GT02241970001 dated 15.07.2024 for an amount of Rs.2,00,00,000/- issued by HDFC Bank. O.M.P.(I) (COMM.) 116/2025 page 1 of 2 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 07/04/2025 at 13:00:15 4. At the outset, learned counsel for the Petitioner, on instructions, seeks to withdraw this petition as the Bank Guarantee stands encashed. 5. Petition is disposed of as withdrawn. JYOTI SINGH, J APRIL 4, 2025 B.S. Rohella O.M.P.(I) (COMM.) 116/2025 page 2 of 2 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 07/04/2025 at 13:00:15