Zillion Infraprojects Pvt. Ltd. vs Alstom Systems India (P) Ltd. & … on 9 February, 2017

O.M.P.(I)(COMM.) 74/2017 Page 1 of 9
O.M.P. (I) (COMM) 74/2017

4. Zillion Infraprojects Pvt. Ltd. (hereafter ‘ZIPL’) has filed the present
petition under Section 9 of the Arbitration and Conciliation Act, 1996
(hereafter ‘the Act’) inter alia praying for an injunction restraining
respondent no.1 (hereafter ‘Alstom’) from encashment of the following
Bank Guarantees till the adjudication of the disputes between the parties:-

Sl. Bank BG No. Date of Issue Amount (₹)

(i) State Bank of India 0480315BG0001003 14.12.2015 2,00,00,000/-

(ii) Punjab National Bank 1988ILG017115 14.12.2015 3,00,00,000/-

(iii) HDFC Bank 003GT02153500013 16.12.2015 91,06,047/-

Source: Indian Kanoon

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