M/S National Highways Authority of India v. Hindustan Construction Co. Ltd.
Case brief
What is this about?
The Single Judges disposed of an application regarding the discharge of a bank guarantee and retention of funds by the respondent pending the adjudication of a related maintenance of original petition.
What did the court decide?
Bank guarantee furnished by appellant to be discharged; respondent directed to retain 50% of awarded sum and keep bank guarantee alive till OMP No.260/2015 is decided.