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2023 Supreme(Online)(Del) 17370

IN THE HIGH COURT OF DELHI AT NEW DELHI
TRANSPORT CORPORATION OF INDIA LTD – Appellant
Versus
RESERVE BANK OF INDIA & ANR – Respondent


* IN THE HIGH COURT OF DELHI AT NEW DELHI % Reserved on : 21st December, 2022 Pronounced on: 29th March, 2023 + CS(OS) 361/2012 TRANSPORT CORPORATION OF INDIA LTD ..... Plaintiff Through: Ms. Diya Kapur and Mr. Aditya Ladha, Advocates versus RESERVE BANK OF INDIA & ANR ..... Defendants Through: Mr. Sandeep Sethi, Sr. Advocate with Mr. Neeraj Yadav, Advocate for D-2 CORAM:

HON’BLE MR. JUSTICE CHANDRA DHARI SINGH

J U D G M E N T

CHANDRA DHARI SINGH, J.

I.A. 10192/2018 (Under Order XI Rule 21)

1. The present application has been filed under Order XI Rule 21 read with Section 151 of the Code of Civil Procedure, 1908 seeking the following reliefs:

“a. Allow the present application in favour of the Plaintiff and strike off the defence of the Defendant No. 2;

b. Pass any further order(s) as this Hon'ble Court may deem fit and proper in the present facts and circumstances of the present case.”

FACTUAL MATRIX

2. The applicant/plaintiff herein had filed a suit seeking a declaration, a mandatory injunction, and the recovery of Rs 6,92,55,342/- in relation to a I.A. 10192/2018 in CS(OS) 361/2012 Page 1 of 11 Signature Not Verified Digitally Signed Foreign Exchange Derivative transaction involving a USD

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