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Daily Status
Special Courts for Trial and Disposal of Commercial Disputes, Andhra Pradesh Case No : COP - 12/2024 Diary No : 3653605000252024 M/s. Shalaka Infra-Tech (I) Pvt. Ltd. VS M/s. Bharat Dynamics Limited Listing Date : 28/10/2024 |
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Hearing Details |
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| Date | 28/10/2024 | Court No. | 1 | |
| Proceedings Summery | Orders pronounced in the Open Court (VSO). In the result, the petitioner is partly allowed restraining the respondent No.1 from invoking the bank guarantee bearing No.0094119BG0000215, dated.28.03.2019, for Rs.1,55,27,000/- issued by the respondent No.2 is restrained from encashing the aforesaid bank guarantee at the request of respondent No.1 and the prayer (a) is rejected. Further, the petitioner is directed that it shall renew the validity of the afore mentioned bank guarantee from time to time, till the adjudication of the dispute between the parties before the learned arbitral tribunal. | Stage Of Case | For Order | |