Tirupa Ti Infra Projects Pvt Ltd v. DDA

Delhi High Court · 19 Nov 2013 · 2013:DHC:8324
Raji V Shakdher
ARI3.A. 25/2013
2013:DHC:8324
civil appeal_dismissed

AI Summary

The Delhi Court allowed the appellant to withdraw the appeal to approach the arbitrator with a fresh application for an additional bank guarantee securing interest during arbitration.

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* IN THE 111CR COURT OF i)ELHI AT NEW DELHI
ARB.A. 25/2013
TIRUPA TI INFRA PROJECTS PVT LTD . Appellant
Through: Mr. Ilarish Maihotra, Sr. Advocate with
Mr.Arpan Behi and Mr. Sushil Thakur, .Advocates
VERSUS
l)DA Respondent
Through: Mr. Ajay Verma, Advocate
CORAM:
HO'BLE MR. JUSTICE RAJI V SHAKI) HER
ORI)ER
0/ 19.11.2013
IA No. I 7923/201_(Jcpticn)
Allowed subject to just exceptions.
A 11cr some arguments. Mr. Malhotra, the learned senior counsel for the appellant, seeks leave to withdraw the captioned appeal and approach the learned arbitrator with a fresh application.
• Mr. Maihotra says that the appellant would approach the learned arbitrator to provide a fresh bank guarantee in addition to the hank guarantee. which has already been furnished to the respondent, to secure the respondent, in respect of the interest that may accrue during the pendency of the arbitration proceedings.
The appeal and the pending application arc dismissed as
ARI3.A. 25/2() 3 page I o12
2013:DHC:8324
)
. withdrawn. if an application is moved by the appellant, the learned arbitrator, I am sure, will pass an appropriate order in accordance with the law.
7 \LJJL/
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RAJiV SHAKI)1IER, J
NOVEMBER 19, 2013 yg
ARI3.A. 25/2013
2013:DHC:8324
JUDGMENT