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2017 Supreme(Mad) 3191

RAJIV SHAKDHER, N.SATHISH KUMAR
BGR Energy Systems Limited, Chennai – Appellant
Versus
ICICI Bank Limited, Chennai – Respondent


Advocates Appeared:
For the Appellant :Sathish Parasaran, Senior Counsel for R. Parthasarathy, Advocate.
For the Respondent:A.L. Somayaji, Senior Counsel for V. Adhivarahan, Gaurav Nataraj for M/s. Ramasubramaniam Assoc, Advocates.

JUDGMENT:

Rajiv Shakdher, J.

1. The captioned appeals are directed against a common judgment and order dated 20.10.2017. Via the impugned judgment, the learned Single Judge has disposed of four (4) applications, i.e. O.A.Nos.977 of 2014, 978 of 2014, 1495 of 2016 and 1496 of 2016.

1.1 While the first two (2) applications were filed by the appellant, who is the original plaintiff, the remaining two (2) applications were filed by the first respondent.

1.2. There are principally, four (4) protagonists in the matter. The appellant i.e. BGR Energy Systems Limited (hereafter referred to as “BGR”). The first respondent i.e., ICICI Bank Limited (hereafter referred to as “ICICI Bank”). The second respondent i.e. Bank of Baghdad (hereafter referred to as “BOB”) and the third respondent i.e. the Ministry of Electricity, General Directorate for Gas Power Plants Projects, the Republic of Iraq (hereafter referred to as “GOR”). There is a fifth entity also arrayed as party, which is the fourth respondent i.e., Export Credit Guarantee Corporation of India Limited (hereafter referred to as “ECGC”). Its role, if any, in the subject matter is only de minimis.

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