Disposed¶17

Hindustan Construction Co. Ltd. v. National Hydro Electric Power Corporation Ltd.

Delhi HC16 Feb 2026OMP (ENF.) (COMM.)/99/2018

Case brief

AI extract

What is this about?

Verification and acceptance of bank guarantee no. EXIMBG1900166 (Ex.BG/DH/9) for Rs. 28,61,50,000/-, issued by Export-Import Bank of India at the instance of decree holder Hindustan Construction Co. Ltd. in favour of Registrar General, Delhi High Court, against judgment debtor National Hydro Electric Power Corporation Ltd.; valid upto 08.04.2027; decree holder to keep BG alive during pendency of OMP (ENF.) (COMM.) 99/2018 (order dt. 21.04.2026, Joint Registrar Bhawani Sharma).

What did the court decide?

Bank guarantee Ex.BG/DH/9 (no. EXIMBG1900166) found in order and accepted; decree holder directed to keep the BG alive during the pendency of the present proceedings. ¶17

Hindustan Construction Co. Ltd. Vs National Hydro Electric Power Corporation Ltd. — Delhi HC (2026) — LawSathi Research

What the court decided

AI extract

Outcome

Bank guarantee Ex.BG/DH/9 (no. EXIMBG1900166) found in order and accepted; decree holder directed to keep the BG alive during the pendency of the present proceedings.

¶17

Issue for consideration

Whether the bank guarantee furnished by the decree holder (marked Ex.BG/DH/9) is in order and should be accepted.

¶12

Court's answer

The bank guarantee Ex.BG/DH/9 (BG no. EXIMBG1900166) was found in order and is hereby accepted; the decree holder shall keep the BG alive during the pendency of the present proceedings.

¶17

Ratio / Principle

On the virtual deposition of Mr. Sanjay Trivedi, Deputy General Manager, Export-Import Bank of India, the court recorded that the bank extended BG no. EXIMBG1900166 on 01.04.2026 for Rs. 28,61,50,000/- (Rupees Twenty Eight Crore Sixty One Lakh Fifty Thousand Only), valid upto 08.04.2027, originally issued on 09.04.2019 at the instance of Hindustan Construction Company Limited in favour of the Registrar General, Delhi High Court.

¶14

Detailed headnote1 paragraphs

High Court of Delhi, OMP (ENF.) (COMM.) 99/2018 — order dated 21.04.2026 of Joint Registrar (Judicial) Bhawani Sharma. In enforcement proceedings between decree holder Hindustan Construction Co. Ltd. and judgment debtor National Hydro Electric Power Corporation Ltd., the court took up verification of the bank guarantee furnished by the decree holder side. Recording the virtual deposition of Mr. Sanjay Trivedi, Deputy General Manager, Export-Import Bank of India, the court noted that the bank extended BG no. EXIMBG1900166 on 01.04.2026 for Rs. 28,61,50,000/- (Rupees Twenty Eight Crore Sixty One Lakh Fifty Thousand Only), valid upto 08.04.2027, originally issued on 09.04.2019 at the instance of Hindustan Construction Company Limited in favour of the Registrar General, Delhi High Court. The guarantee, exhibited as Ex.BG/DH/9, was found in order and accepted, and the decree holder was directed to keep it alive during the pendency of the present proceedings.

¶1

$~O5

¶2

IN THE HIGH COURT OF DELHI AT NEW DELHI

¶3

- OMP (ENF.) (COMM.) 99/2018

¶4

HINDUSTAN CONSTRUCTION CO. LTD.

¶5

.....Decree Holder

¶6

Through: Ms. Tarini Khurana, Adv.

¶7

versus

¶8

NATIONAL HYDRO ELECTRIC POWER CORPORATION LTD.

¶9

.....Judgement Debtor Through: Mr. Piyush Sharma and Mr. Aditya Diskhit, Advs.

¶10

CORAM: JOINT REGISTRAR (JUDICIAL) BHAWANI SHARMA

¶11

O R D E R % 21.04.2026

¶12

Matter is taken up for verification of the bank guarantee furnished by the decree holder side.

¶13

Mr. Sanjay Trivedi working as Deputy General Manager, with Export-Import Bank of India, Centre One Building, Floor 21, World. Trade Centre Complex, Cuffe Parade, Mumbai 400 005 virtually joined the proceedings and his statement has been recorded with respect to verification of the bank guarantee.

¶14

Mr. Sanjay Trivedi has stated that the bank extended BG no. EXIMBG1900166 on 01.04.2026 for a sum of Rs.28,61,50,000/(Rupees Twenty Eight Crore Sixty One Lakh Fifty Thousand Only) and the same is valid upto 08.04.2027. It was originally issued on 09.04.2019. The same has been issued at the instance of Hindustan Construction Company Limited in favour of the Registrar General, Delhi High Court. He has identified the bank guarantee as Ex.BG/DH/9.

¶15

This is a digitally signed order.

¶16

The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 27/04/2026 at 13:35:28

¶17

The Ex.BG/DH/9 is found in order and the same is hereby accepted. Decree holder shall keep the BG alive during the pendency of the present proceedings. The banker has submitted his signed statement for extended bank guarantee along with photocopy of his employee id card virtually.

¶18

BHAWANI SHARMA JOINT REGISTRAR (JUDICIAL)

¶19

APRIL 21, 2026/yo

¶20

This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 27/04/2026 at 13:35:28

Hindustan Construction Co. Ltd. v. National Hydro Electric Power Corporation Ltd.

Case brief

What is this about?

What did the court decide?

Hindustan Construction Co. Ltd. v. National Hydro Electric Power Corporation Ltd.

Case brief

What is this about?

What did the court decide?

Why is it important?

What the court decided

Issues for consideration

Procedural history

Parties & counsel

Coram

Case details

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