Sew Infrastructure Limited vs. The Federal Democratic Republic Of Ethiopia
AI Summary
Get an AI-powered analysis of this court order
Order Issued After Hearing
Purpose:
First Hearing
Listed On:
12 May 2023
Original Order Copy
Get a certified copy of this order
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