Damodar Valley Corporation vs Reliance Valley Corporation
2024 Latest Caselaw 3043 Cal/2

Calcutta High Court

Damodar Valley Corporation vs Reliance Valley Corporation on 27 September, 2024

Author: I. P. Mukerji

Bench: I. P. Mukerji

                  IN THE HIGH COURT AT CALCUTTA
                           In appeal from its
                ORDINARY ORIGINAL CIVIL JURISDICTION
                   CIVIL APPELLATE JURISDICTION
                         (Commercial Division)


                            APO No. 203 of 2023
                                    with
                              AP No. 40 of 2020
                         Damodar Valley Corporation
                                   Versus
                         Reliance Valley Corporation
                                    And
                            APO No. 204 of 2023
                                    with
                              AP No. 40 of 2020
                         Reliance Valley Corporation
                                   Versus
                         Damodar Valley Corporation


Before:
The Hon'ble Justice I. P. MUKERJI
            And
The Hon'ble Justice BISWAROOP CHOWDHURY
Date: 27th September 2024

                                                                  Appearance:
                                           Ms. Urmila Chakraborty, Advocate
                                         ... for the appellant in APO 203/2023
                                              & respondent in APO 204/2023

Mr. Paritosh Sinha, Advocate, Mr. Saptarshi Banerjee, Advocate, Ms. Srayashee Das, Advocate, Mr. Himangshu Bhawsinghka, Advocate ... for the respondent in APO 204/2023

The Court: Ms. Urmila Chakraborty, learned advocate

appearing for Damodar Valley Corporation prays for stay of operation of

today's judgment and order.

Considering all relevant facts, we direct that the status quo

regarding the bank guarantee be maintained by the Registrar, Original

Side till 23rd October 2024.

(I. P. MUKERJI, J.)

(BISWAROOP CHOWDHURY, J.)

R. Bose