ORDER :

This Writ petition is filed with the following relief:

“….to issue a Writ, more specifically in the nature of Writ of Mandamus, declaring the actions of the respondent No.2 in deducting interest on the mobilization advance of Contract No.1078 from the Bills of Contract No.7600006776 as illegal, arbitrary and against the principles of natural justice and consequently direct the respondent No.2 to release the payments due including all the deductions of interest on mobilization advance of Contract No.1078 effected on the bills of Contract No.7600006776 immediately along with the interest and costs”.

2. Heard Sri P.Sri Raghu Ram, Learned Senior Counsel appearing for Sri P.Sri Ram, Counsel for the petitioner and Sri E.Madan Mohan Rao, appearing for Sri B.Arjun, Counsel for the respondent Nos.2 and 3.

3. The learned Senior Counsel for the petitioner submits that the petitioner-company and the 2nd respondent-Corporation entered into 1st Contract on 15.11.2006 vide Contract ROC No.1078. Disputes arose between the petitioner-company and the respondents with regard to said contract regarding non-availability of resource as claimed by the respondents and the consequent reduction in prod