MANMOHAN SINGH, J.

1. The petitioner has filed the present petition under Section 9 of the Arbitration and Conciliation Act, 1996, seeking an interim order restraining the respondents from invoking the Bank Guarantees in question.

2. On 11th September, 2015, the following order was passed:-

“I.A. No.19186/2015

Allowed subject to just exceptions.

O.M.P.(I) 515/2015

Issue notice to the respondents by all modes, returnable on 01st October, 2015.

Learned counsel for the petitioner submits that the petitioner installed the fire fighting system in the respondent’s factory as back as in December, 2013 and the respondents released all the payments under the two contracts to the petitioner. It is further submitted that the petitioner issued two bank guarantees to the respondent on 15th October, 2013 with respect to the defect liability period. The bank guarantees are valid up to 13th September, 2015. It is further submitted that there is a dispute with respect to the leakage in the fire fighting pipe lines. According to the petitioner there no defect in the system. It is further submitted that vide letter dated 08th September, 2015, the respondent has invoked both the bank guaran