THE HON’BLE SRI JUSTICE PULLA KARTHIK

ORDER:

This Writ Petition, under Article 226 of the Constitution of India, is filed seeking the following relief:

“…to issue an Order or Direction more particularly a direction in the nature of Writ of Mandamus declaring the action of the 3^rd Respondent in terminating the work through notice dated 12.07.2010 pertaining to a non-existent agreement as arbitrary, illegal, without any authority and against the principles of natural justice. In consequence the Hon’ble Court will also be pleased to declare forfeiture of an amount of Rs.31,30,000/- paid towards EMD and an amount of Rs.5,00,000/- paid by way of Bank Guarantee though notice dated 25.09.2010 as arbitrary, illegal, without any authority and consequently direct the Respondents 2 and 3 to refund an amount of Rs.31,00,000/- paid towards EMD and Rs.5,00,000/- towards Bank Guarantee with interest @ 14% p.a. from 23.02.2010 till the date of payment on both the amounts and pass…”

2. Heard Sri Vemulapally Prasad Rao, learned counsel appearing for the petitioner and Sri P. Sri Harsha Reddy, learned Standing Counsel appearing on behalf of the respondents.

3. Learned counsel for the petitioner submitted