Ntpc Ltd vs. Afocons-R. N. Shetty & Co. Pvt Ltd

¼ 1 ITEM NO.5 COURT NO.8 SECTION XIV S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS Petition(s) for Special Leave to Appeal (C) No(s). 10975/2014 (Arising out of impugned final judgment and order dated 18/03/2014 in ARBP No. 126/2014 passed by the High Court Of Delhi At New Delhi) NTPC LTD Petitioner(s) VERSUS AFOCONS-R.N.SHETTY & CO. PVT LTD Respondent(s) (With interim relief and office report) (For final disposal) Date : 01/12/2015 This petition was called on for hearing today. CORAM : HON'BLE MR. JUSTICE RANJAN GOGOI HON'BLE MR. JUSTICE ROHINTON FALI NARIMAN For Petitioner(s) Mr. S.B. Upadhyay,Sr.Adv. Mr. Tarakeshwar Nath,Adv. Mr. Param Mishra,Adv. Mr. Kaustuv P.Patnak,Adv. Ms. Anisha Upadhyay,Adv. Ms. K.L. Das,Adv. Ms. Sharmila Upadhyay,Adv. For Respondent(s) Mr. Shyam Divan,Sr.Adv. Mr. Manu Seshadri,Adv. Ms. Sahiba Ahluwalia,Adv. Mr. Satya Mitra,Adv. UPON hearing the counsel the Court made the following O R D E R Heard the learned counsels for the parties and perused the relevant material. Parties have reached a consensus. It is stated Signature Not Verified Digitally signed by Madhu Bala Date: 2015.12.02 at the Bar that the bank guarantee will be kept alive and 16:41:56 IST Reason: the Arbitral Tribunal will be requested to decide the matter expeditiously. In view of the above, nothing 2 survives for adjudication in this special leave petition. Accordingly, the special leave petition is closed in terms of the above.

The cost of Rs.50,000/- (Rupees fifty thousand) awarded by the High Court is set aside.

Pending/running bills of the respondent be processed and paid if due in terms of the contract by and between the parties.

(MADHU BALA) (ASHA SONI)

COURT MASTER COURT MASTER