Sun. Oct 25th, 2020

Hindustan Construction Co. Ltd. vs National Hydro Electric Power … on 22 September, 2020

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HON’BLE MR. JUSTICE RAJIV SAHAI ENDLAW
HON’BLE MS. JUSTICE ASHA MENON

[VIA VIDEO CONFERENCING]

JUSTICE ASHA MENON

FAO (OS) (COMM) 106/2020, C.M. Appln. No.21839/2020 (of the
appellant for stay of impugned judgement and order)

1. This is an appeal filed under Section 37 of the Arbitration and
Conciliation Act, 1996 (“Act”, for short) read with Section 13 of the
Commercial Courts Act, 2015 against the judgement of the learned Single
Judge dated 27th August, 2020 dismissing the petition filed by the
appellant/Hindustan Construction Co. Ltd. (“HCC”, for short), under

FAO(OS)(COMM) 106/2020 Page 1 of 18
Section 9 of the Act seeking an injunction restraining the respondent/
National Hydro-Electric Power Corporation Ltd. (“NHPC”, for short)
from invoking/encashing any or all of its Bank Guarantees (BGs)
cumulatively worth ₹214.36 crores.

Source: Indian Kanoon

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