JUDGMENT

Chandra Dhari Singh, J. (Oral)

CCP(O) 15/2018

1. The present Petition has been filed for initiating contempt proceedings and for punishing the alleged contemnors herein, under Article 215 of the Constitution of India and Sections 10 and 12 of the Contempt of Courts Act, 1971 for their wilful and gross disobedience of the Order dated 18.08.2017 passed by this Court in OMP(I)(COMM) 303 of 2017 filed by the Petitioner under Section 9 of the Arbitration and Conciliation Act, 1996. It is prayed as under:

"(a) hold the Respondent/ Contemners guilty of contempt under Section 2 (b) and 12 of the Contempt of Courts of Act, 1971 as well as under Article 215 of the Constitution of India and punish accordingly for willful disobedience and defiance of the order of this Hon'ble Court dated 18.08.2017 passed by this Hon'ble Court in OMP(I)(COMM) 303 of 2017;

(b) direct the Contemners to first purge the contempt by depositing a bank guarantee of Rs. 14 Crores with the Registrar General of this Hon'ble Court of this Court or by offering an appropriate immovable property encumbrance free to the extent of Rs. 14 Crores.

(c) in case the Contemners failed to do the so, order the properties/bank ac