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2025 DAILYLAW 55218 (CAL)

NATIONAL INSTITUTE OF TECHNOLOGY v. MERINT INDUSTRIAL INFRASTRUCTURE PRIVATE LIMITED

AP-COM/10/2025 · 2025-02-27

Shampa Sarkar

body2025

Judgment text

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OC-5 AP-COM/10/2025 IN THE HIGH COURT AT CALCUTTA ORDINARY ORIGINAL CIVIL JURISDICTION COMMERCIAL DIVISON NATIONAL INSTITUTE OF TECHNOLOGY VS MERINT INDUSTRIAL INFRASTRUCTURE PRIVATE LIMITED BEFORE: The Hon'ble JUSTICE SHAMPA SARKAR Date : 7th April, 2025. Appearance: Mr. Bodhisatta Biswas, Adv. Mr. R.V. Kundalia, Adv. . . .for the petitioner. Mr. Rajarshi Dutta, Adv. Mr. Ayan Dutta, Adv. Mr. Rahul Auddy, Adv. Mr. Aditya Gooptu, Adv. Mr. Arghyadeep Panda, Adv. . . .for the respondent. The Court: The petitioner is granted leave to deposit the bank draft within 8th April, 2025 before the Registrar, Original Side, Calcutta. The Registrar, Original Side shall deposit the same in a short term auto renewable interest bearing fixed deposit with any Nationalized Bank till the further orders. With regard to the prayer for extension of the time to deposit 50% of the amount by bank guarantee, this Court extends the time by a further period of 15 days as a last chance. In case of failure, the award holder can make appropriate prayers before the learned Arbitrator. (SHAMPA SARKAR, J.) sp/