Sadbhav Engineering Limited v. National Highways Authority of India & Anr.
Case brief
What is this about?
Petitioner sought withdrawal of its arbitration-related petition following a settlement with NHAI. The application was allowed and the petition was disposed of as withdrawn, noting release of two bank guarantees pursuant to the settlement.
What did the court decide?
Permission to withdraw the petition granted; petition disposed of as withdrawn; bank guarantees noted as released.