Sew Infrastructure Limited vs. The Federal Democratic Republic Of Ethiopia

Court:Supreme Court of India
Judge:Hon'ble Hon'Ble The Chief Justice
Case Status:Disposed
Order Date:12 May 2023
CNR:SCIN010194322023

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Order Issued After Hearing

Purpose:

First Hearing

Listed On:

12 May 2023

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Order Text

ITEM NO.54 COURT NO.1 SECTION XII-A

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).10082/2023

(Arising out of impugned final judgment and order dated 28-04-2023 in ICAOA No. 2/2023 passed by the High Court for the State of Telangana at Hyderabad)

M/S SEW INFRASTRUCTURE LIMITED Petitioner(s)

VERSUS

THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA & ORS. Respondent(s)

(WITH IA No. 99891/2023 - EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT, IA No. 99893/2023 - EXEMPTION FROM FILING O.T.)

Date : 12-05-2023 This petition was called on for hearing today.

CORAM :

HON'BLE THE CHIEF JUSTICE HON'BLE MR. JUSTICE PAMIDIGHANTAM SRI NARASIMHA

For Petitioner(s)Mr. Anupam Lal Das, Sr. Adv.
Mr. Shravanth Paruchuri, AOR
Mr. Nithin Chowdary Pavuluri, Adv.
Mr. Vamshi Krishna Polsani, Adv.
Mr. MVR Krishna, Adv.
Mr. Subham Singh, Adv.

For Respondent(s)

UPON hearing the counsel the Court made the following O R D E R

1 Mr Anupam Lal Das, senior counsel appearing on behalf of the petitioner, submits that there is an award by ICC Paris in favour of the petitioner.

2 In the meantime, it has been submitted that the bank guarantees which were issued by the State Bank of India to the counter party in Ethiopia - Bank of Abyssinia, the second respondent, is likely to be encashed. It has been submitted that there is a clear case of irretrievable in justice in the event the bank guarantees are paid over in Ethiopia.

  • 2 Issue notice, returnable on 10 July 2023.
  • 3 The interim order which was passed on 10 May 2023 shall continue till 10 July 2023.

(SANJAY KUMAR-I) (SAROJ KUMARI GAUR) DEPUTY REGISTRAR ASSISTANT REGISTRAR