O.A.No.493 of 2020

IN THE HIGH COURT OF JUDICATURE AT MADRAS

Dated : 12.10.2020

Coram

THE HONOURABLE MR. JUSTICE M.SUNDAR

O.A.No.493 of 2020

China Datang Technologies & Engineering Co. Ltd.,

4^th and 6^th Floor, No.120, Zizhuyuan Road

Haidian District, Beijing- 100097

People's Republic of China

Through Mr.He Huang

Residing at A 31/7, Maruti Housing Colony

Sector 28, Gurugnam, Haryana

India – 122 002 presently at New Delhi

... Applicant

vs.

1.NLC India Limited

First Floor, No.8, Mayor Sathyamurthy Road

FSD, Egmore Complex of Food Corporation of India

Chetpet, Chennai – 600 031

Tamil Nadu

2.Yes Bank Limited

Fortune Global

Arcade, Sikanderpur

Methrauli Gurgaon Road

Gurgaon-122 002, Haryana

... Respondents

Original application filed under Order XIV Rule 8 of the OS

Rules read with Section 9 of the Arbitration and Conciliation Act, 1996

to grant an order of injunction restraining the 1^st respondent from

1/11

http://www.judis.nic.in

O.A.No.493 of 2020

invoking and encashing PBG bearing No.002BG01193540001 dated

20.12.2019 as amended on 16.01.2020 and valid upto 30.11.2023 for an

amount of Rs.55,65,00,000/- and the 2^nd Respondent from mak