Telangana High Court
WP/33277/2023 of M/s. Vijai Electricals Ltd Vs State Bank of India on 29 December 2023
THE STATE OF TELANGANA AT HYDERABAD (Special Original Jurisdiction) FRIDAY, THE TWENTY NINTH DAY OF DECEMBER TWO THOUSAND AND TWENTY THREE PRESENT THE HONOURABLE MRS JUSTICE SUREPALLI NANDA WRIT PETITION NO: 33277 OF 2023 Between: 1 M/s. Viiai Electricals Ltd, lncorporated under the provisions
HIGH COURT FOR THE [STATE OF ][TELANGANA]AT HYDERABAD(Special Original Jurisdiction)
FRIDAY, THE TWENTY NINTH [DAY OF DECEMBER]TWO THOUSAND AND TWENTY [THREE]
PRESENT
THE HONOURABLE MRS JUSTICE [SUREPALLI ][NANDA]
WRIT PETITION NO: 33277 [OF ][2023]
Between:
M/s. Viiai Electricals Ltd, lncorporated [under ][the ][provisions of ][companies ][Act,]igso iii tnoii, witfr Having iis [Registered ][offiie at ][6-3-648i1 ][and ][2, ][Raj]afrivan noacJ, Somaligudi, [uyOerabad ][- ][500 ][082- ][Telangana, ][lndia']Represented by authorized representative
...'ETIT'ONER
AND
1State Bank of lndia, Commercial [Client Group Branch, D.No. 8-2-684/2/4']Anino einiro Colonv, Road [No. ][12,BanjarA ][Hills, ][Hyderabad-s0O 034,]Telangina.'Rtso at- Siate [Bank of lndia ][G 997 ][-h ][85, ][Suniti ]thatterjee,siiini coipirk, Hindustan [Park, Kalighat' Kolkata- ][7oo ][o29' West ][Bengal]Swift Code- SBININBBFXDAnino einiro Colonv, Road [No. ][12,BanjarA ][Hills, ][Hyderabad-s0O 034,]Telangina.'Rtso at- Siate [Bank of lndia ][G 997 ][-h ][85, ][Suniti ]thatterjee,siiini coipirk, Hindustan [Park, Kalighat' Kolkata- ][7oo ][o29' West ][Bengal]Swift Code- SBININBBFXD2SoCi"te G"n"rrle, The [Head ][of the lnternational ][Bank ][Guarantee-Department,]lniernational Bank Guarantee [Division, ][17 ][Cours Valrn;y,92972' ][Puteaux,]Paris, France.lniernational Bank Guarantee [Division, ][17 ][Cours Valrn;y,92972' ][Puteaux,]Paris, France.3eanole t taiionate. D Alqerie Department [of ][lnternational Relations ][and]Foreion Trade. 12. Routil oE Mdftah-Qued [Smar-Alger, Also at, ][Banque]r.fitioiare onrberib Head [office, ][8, Boulavard Erneslo Che Guevera' Alger]R.C., Alger 84 B 178 PP [10-lmP.]Foreion Trade. 12. Routil oE Mdftah-Qued [Smar-Alger, Also at, ][Banque]r.fitioiare onrberib Head [office, ][8, Boulavard Erneslo Che Guevera' Alger]R.C., Alger 84 B 178 PP [10-lmP.]4Son6tga?-Engineering [SPA, R6gistered ][in ][the ][commercial ]-register [under]f.to. f O"IOO-ogz"g1 7980!, having [iIs ][head office at building of ][600 offices,]National Road No 38, Fort [of Constantine, ][Algiers' ][represented ][by ][uhalrman]and Chief Executive Officer [Mr. Yazid ][Djellouli.]f.to. f O"IOO-ogz"g1 7980!, having [iIs ][head office at building of ][600 offices,]National Road No 38, Fort [of Constantine, ][Algiers' ][represented ][by ][uhalrman]and Chief Executive Officer [Mr. Yazid ][Djellouli.]
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...RESPONDENTS
Petition under Article 226 of [the ][constitution ][of ][lndia ][praying ][that ][in ][the]circumstances stated in [the ][affidavit ][filed ][therewith, ][the ][High ][court ][may ][be]pleased to pass an order or orders, direction [or ][writ ][more particularly ][one ][in the]nature of writ of Mandamus [to ][declare ][the ][action ][of ][the ][Respondent ][No.1 in make]any payments under the [subject Performance Bank Guarantee having ][Reference]Number 1303918FG0000715 dated [24t1012018 ][amounting ][usD.10,',t84,062/-]expiring on 311o3t2o24 [to ][the ][Respondent ][No.2,pending ][any ][clarification ][as ][to]reason for encashment [pursuant ][to ][the ][swlFT/ ][Letter ][dated ][06.12.2023 ][is ][illegal]
and arbitrary and consequently restraining the Respondent No.1 from releasingthe any payments under the subject Performance Bank Guarantee.the any payments under the subject Performance Bank Guarantee.
lA NO: 1 OF 2023
Petition under Section 151 CPC praying that in the circumstances stated inthe affidavit filed in support of the petition, the High Court may be pleased to directthe Respondent No. 1 -bank not to release/pay any amounts under thePerformance Bank Guarantee having Reference Number, 13039.'18 G0000715daled 24l1Ol2Ol I amounting US D .1 0, 1 84,062i- expiring on 31 10312O24.
Counsel for the Petitioner: SRt K.KEERTIVARDHAN REDDYCounsel for the Respondents: -- The Court made the following: ORDER
II
HON'BLE MRS JUSTICE SUREPALLI NANDA
WRIT P TITION No.33277 ot 2023
ORDER:
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Mr.K.Keerthi Vardhan Reddy, the learned counselappearing on behalf of petitioner brings on record the letterdated 28.12.2023 of the Petitioner and also a letter dated28.L2.2023 addressed to the Registrar (Judicial), High Courtdated 28.12.2023 of the Petitioner and also a letter dated28.L2.2023 addressed to the Registrar (Judicial), High Courtof Telangana at Hyderabad of the learned counsel forpetitioner that the petitioner intends to withdraw the writpetition.petitioner that the petitioner intends to withdraw the writpetition.
2. A bare perusal of the letter dated 28.12.2023 addressedto the Registrar (Judicial), High Court of Telangana atHyderabad indicates that the petitioner in the present Writpetition intends to withdraw the writ petition and hence,taking into consideration the contents of the letter of thepetitioner dated 28.12.2023 and also the submissions of thelearned counsel appearing on behalf of the petitioner, theW.P.No.33277 of 2023 is dismissed as withdrawn. However,there shall be no order as to costs.
Interim orders granted by this Court on 07.12.2023,shall also stands vacated.
Miscellaneous petitions, if any, pending shall stand closed.
SD/- P.Ch. NAGABHUSHAMBAASSISTANREGIR//TRUE COPY//
SECTION OFFICER
To21Two CD Copies9nu 99 !o [SRI ][K.KEERTTVARDHAN ]REDDY, Advocate tOpUCIPSK.GJP
HIGH COURT
DATED:2911212023
ORDER
WP.No.33277 of 2023
DISMISSING THE WRIT PETITIONAS WITHDRAWN WITHOUT COSTS.
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