JUDGMENT

Satish Chandra Sharma, C.J. - The present appeal has been preferred by the Appellants against the judgment dated 16.12.2022 passed by the Ld. Single Judge in WP (C) 15398/2022 whereby the Ld. Single Judge has rejected the petition titled "Kamaladityya Constructions Pvt. Ltd. v. Rail Land Development Authority & Anr.", filed by the Appellant herein seeking quashing and setting aside of the letter dated 02.11.2022 terminating the EPC Agreement dated 02.12.2019 issued by the Respondent No. 1 herein.

2.??The Appellant No.1/Kamaladittya Construction Pvt. Ltd./(hereinafter "KCPL") company is a civil infrastructure projects construction company, whereas the Appellant No. 2 is a director and shareholder in the Appellant no. 1 company and its authorised representative. As part of a national railway upscaling project, the Ministry of Railways had entrusted the IRSDC, which was an erstwhile joint venture between Respondent No.1 and IRCON, for redevelopment works at railway station Bijsawan, Sector 21, Dwarka. Sometime in 2022, ISRDC became defunct pursuant to which a novation to the contract dated 02.12.2019 was executed on the same terms. At the time of this appeal, the Respondent No.