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Delhi High Court - Orders

Oil And Natural Gas Corporation Limited vs Consortium Of Sree Meil on 26 November, 2021

Author: Sanjeev Narula

Bench: Sanjeev Narula

                          $~32
                          *      IN THE HIGH COURT OF DELHI AT NEW DELHI
                          +      O.M.P. (COMM) 438/2020
                                 OIL AND NATURAL GAS CORPORATION LIMITED
                                                                       ..... Petitioner
                                                    Through:

                                                    versus

                                 CONSORTIUM OF SREE MEIL                   ..... Respondent
                                             Through: Mr. Purvesh Buttan and Mr. Fahad
                                                       Imtiaz, Advocates.

                               CORAM:
                               HON'BLE MR. JUSTICE SANJEEV NARULA
                                       ORDER
                          %            26.11.2021
                          [VIA HYBRID MODE]

I.A. 15515/2021 (on behalf of the Petitioner seeking directions from this Hon'ble Court to take on record the extended bank guarantee furnished as security in terms of order dated 20.07.2020)

1. By way of this application, the Petitioner seeks to place on record the bank guarantee in favour of the Registrar General of this Court.

2. It is contended that in terms of order dated 20th July, 2020, the bank guarantee which had been furnished, expired on 29th July, 2021. Thereafter, the bank guarantee was renewed on 12th November, 2021, and the same is valid up to 29th July, 2022.

3. For the grounds and reasons stated in the application, the same is allowed. The Petitioner is allowed to furnish the renewed bank guarantee.

4. List this matter before the Registrar General for verification and Signature Not Verified Digitally Signed By:SAPNA SETHI Signing Date:29.11.2021 18:30 acceptance of the bank guarantee on 30th November, 2021.

5. With the above directions, the present application is disposed of.

SANJEEV NARULA, J NOVEMBER 26, 2021 nk Signature Not Verified Digitally Signed By:SAPNA SETHI Signing Date:29.11.2021 18:30