M/S. Tapaswi Infra Projects India ... vs Andhra Bank

Citation : 2021 Latest Caselaw 1224 Tel
Judgement Date : 16 April, 2021

Telangana High Court
M/S. Tapaswi Infra Projects India ... vs Andhra Bank on 16 April, 2021
Bench: Hima Kohli, B.Vijaysen Reddy
Item No.53




        THE HON'BLE THE CHIEF JUSTICE HIMA KOHLI
                           AND
        THE HON'BLE SRI JUSTICE B. VIJAYSEN REDDY

                         W.A.No.104 OF 2021

JUDGMENT: (Per the Hon'ble the Chief Justice Hima Kohli)

1.      On the last date of hearing, as none was present on behalf of

the appellant, the matter was re-notified for today.       On that day,

Mr. S.Ravi, learned Senior Advocate appearing for the respondent

No.2 had stated that the present appeal had been rendered infructuous, inasmuch as the four bank guarantees in question had already been encashed on 22.03.2021.

2. Today, on confronting learned counsel for the appellant with the above position, he does not deny the fact that the bank guarantees in question have already been encashed. He only states that certain legal issues have arisen that need to be adjudicated.

3. We decline to go into the said aspect when the appeal itself has been rendered infructuous on encashment of the bank guarantees. Needless to state that the pleas taken in law by the appellant in the present appeal, shall be kept open for arguments in an appropriate case.

4. The present appeal is disposed of along with the pending applications, if any.

_________________ HIMA KOHLI, CJ ______________________ B. VIJAYSEN REDDY, J 16.04.2021 Lrkm