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Supreme Court - Daily Orders

Posco Engineering And Construction ... vs Sinew Developers Pvt. Ltd. on 4 November, 2019

Bench: R. Banumathi, A.S. Bopanna

                                                           1

     ITEM NO.16                                   COURT NO.4                     SECTION IX

                                    S U P R E M E C O U R T O F          I N D I A
                                            RECORD OF PROCEEDINGS

              Petition(s) for Special Leave to Appeal (C)                   No(s).      25412/2019

     (Arising out of impugned final judgment and order dated 21-06-2019
     in NOM No. 368/2019 in CAP No.238 of 2019 passed by the High Court
     Of Judicature At Bombay)

     POSCO ENGINEERING AND CONSTRUCTION INDIA PVT. LTD. Petitioner(s)

                                                         VERSUS

     SINEW DEVELOPERS PVT. LTD.                                                   Respondent(s)

     (FOR ADMISSION and Interim Relief)

     Date : 04-11-2019 This petition was called on for hearing today.

     CORAM :
                             HON'BLE MRS. JUSTICE R. BANUMATHI
                             HON'BLE MR. JUSTICE A.S. BOPANNA

     For Petitioner(s)                     Mr.   Tejas K.,Adv.
                                           Ms.   Ila Kapoor,Adv.
                                           Ms.   Shruti Sabharwal,Adv.
                                           Ms.   Mithali D.,Adv.
                                           Mr.   S. S. Shroff, AOR

     For Respondent(s)                     Mr.   Gopal Shankaranarayan,Sr.Adv.
                                           Mr.   Pranaya Goyal,Adv.
                                           Mr.   Vishal Sinha,Adv.
                                           Ms.   Apoorva Kaushik,Adv.
                                           Ms.   Priyakshi Bhatnagar,Adv.

                         UPON hearing the counsel the Court made the following
                                              O R D E R

We have heard Mr. Tejas K., learned counsel appearing for the petitioner, who has submitted that the Award amount under various heads is Rs.45,39,00,000/- (Rupees Forty Five Crore Thirty Nine Lakhs) and as such grant of unconditional stay of the operation of Signature Not Verified Digitally signed by MAHABIR SINGH Date: 2019.11.05 the Award is not justified.

14:46:36 IST Reason:

Having regard to the submissions made at the Bar, issue notice.
2
Mr. Pranaya Goyal, learned counsel appears and takes notice on behalf of the respondent. We have heard Mr. Gopal Shankaranarayan, learned senior counsel appearing for the respondent. List the matter on a non-miscellaneous day in the second week of December, 2019.
Learned counsel for the parties shall file additional documents. Learned counsel for the respondent shall file counter affidavit well in advance.



(MAHABIR SINGH)                                     (PARVEEN KUMARI PASRICHA)
 COURT MASTER                                             BRANCH OFFICER