Mytrah Vayu (Brahamputra) Private ... vs M/S. Solar Energy Corporation Of India ... on 18 March, 2024
Reliance was placed on the judgement of the Delhi High Court in M/s.
Halliburton Offshore Services Inc. v. Vedanta Limited : OMP (I)
(COMM) 88/2020 (Halliburton-1), to submit that the Delhi High Court had
recognized that the restrictions imposed, pursuant to the outbreak of
Covid-19, was a Force Majeure event, and created special equities in
favour of the parties, and the Court had issued an ad interim order
interdicting invoking or encashment of a bank guarantee issued in that
case; reliance was also placed on the subsequent judgment dated
29.05.2020 passed in Halliburton - 2 to submitted that the Court had
vacated the ad interim order, but had directed that the amount recovered
be kept in a separate joint account.