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2019 Supreme(Del) 1999

YOGESH KHANNA
Consortium Of Worlds Window Exim Pvt. Ltd. – Appellant
Versus
Axis Bank Ltd. – Respondent


Advocates Appeared:
Rajiv Nayyar, Adv., K. Datta, Adv., Abhishek Puri, Adv., Pallavi Srivastava, Adv., Surbhi Gupta, Adv., Kanika Singh, Adv., Sandeep Sethi, Adv., Tushar Mehta, Adv., Vaijayant Paliwal, Adv., Charu Bansal, Adv.

JUDGMENT :

Yogesh Khanna, J.

This writ petition is filed with the following prayers:-

    "(a) Issue an appropriate writ in the nature of a certiorari and/ or any other appropriate writ order/ direction quashing the impugned Letter dated 05.11.2018 issued by Respondent No.1 to the Petitioner No.1 purportedly cancelling the "In principle Letter of Interest" issued in favour of the Petitioners;

(b) Issue an appropriate writ/order/direction restraining Respondent No.1-13 to act in pursuance to the impugned Letter dated 05.11.2018 issued by Respondent No.1 to the Petitioner No.1;

(c) Issue an appropriate writ/order/direction restraining Respondents from taking any steps which would jeopardize or impede or prevent the acquisition of 60% of the shares in Jhabua Power Ltd;

(d) Issue an appropriate writ/order/direction restraining Respondent No.1 to invoke Bank Guarantee No.OGT0005180024145 dated 06.09.2018 issued by Respondent No.14 for an amount of 100,00,00,000/- (Rupees Hundred Crores Only) on behalf of Petitioner No.2 in favour of Respondent No.1 i.e. the lead Bank;

(e) Issue an appropriate

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