M/s.Nlc Tamil Nadu Power Ltd. v. M/s.Tecton Engineering and Construction L.L.C
Case brief
What is this about?
BANK GUARANTEE EXTENSION; SECTION 151 CPC; ARTICLE 227 CONSTITUTION OF INDIA; CIVIL MISCELLANEOUS PETITION; CIVIL REVISION PETITION; ARBITRATION OP NO.149/2024; PRINCIPAL DISTRICT JUDGE TUTICORIN; DISPOSAL DEADLINE 25.08.2025; BANK GUARANTEE EXTENDED UP TO 10.09.2025; RS.13,52,70,609; USD 150,879; NLC TAMIL NADU POWER LTD; TECTON ENGINEERING AND CONSTRUCTION LLC; BANK OF BARODA; MADURAI BENCH OF MADRAS HIGH COURT; M. DHANDAPANI, J.; ORDER DATED 27/06/2025.
What did the court decide?
Extension of the bank guarantee up to 10.09.2025 (short of the prayer for extension till final disposal of the Arbitration OP), together with a direction to the Principal District Judge, Tuticorin to dispose of Arbitration OP No.149/2024 on or before 25.08.2025. ¶34