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Delhi High Court - Orders

Ntpc Limited vs Patel Engineering Limited on 16 February, 2022

Author: Vipin Sanghi

Bench: Vipin Sanghi, Jasmeet Singh

                           $~64
                           *    IN THE HIGH COURT OF DELHI AT NEW DELHI
                           +     FAO(OS) (COMM) 10/2022
                                 NTPC LIMITED                                 ..... Appellant
                                     Through: Mr. K.M. Natrajan, ASG with Mr.Tarkeshwar
                                              Nath and Mr. Lalit Mohan, Advs.
                                     versus
                                 PATEL ENGINEERING LIMITED                 ..... Respondent
                                     Through: Mr. Dayan Krishnan, Sr. Adv. with Mr. Rishi
                                              Agrawala, Ms. Shruti Arora and Mr. Sanjeevi
                                              Seshadri, Advs.
                                 CORAM:
                                 HON'BLE MR. JUSTICE VIPIN SANGHI
                                 HON'BLE MR. JUSTICE JASMEET SINGH
                                              ORDER

% 16.02.2022 CM APPL. 8571/2022 Issue notice. Mr. Tarkeshwar Nath, learned counsel, accepts notice on behalf of the appellant.

Mr. Krishnan, learned Senior Counsel, submits that on 19.01.2022, this Court directed the appellant to deposit the awarded amount, as modified by the impugned order, within four weeks and subject to the said deposit, the execution was to remained stayed. He submits that the respondents have now realised that, in fact, no amount is depositable by the appellant in terms of the impugned order. Consequently, we dispense with the requirement of the appellant making any deposit in this Court.

Application stands disposed.

VIPIN SANGHI, J JASMEET SINGH, J FEBRUARY 16, 2022/sr, ss Signature Not Verified Digitally Signed By:AMIT ARORA Signing Date:18.02.2022 23:11:09