THE HON’BLE JUSTICE MOUSHUMI BHATTACHARYA AND THE HON’BLE JUSTICE B.R.MADHUSUDHAN RAO I.A.NO.1 OF 2025 IN/AND CIVIL REVISION PETITION NO.1620 OF 2025 Dr. P. Bhaskara Mohan, learned counsel appearing for the petitioner.

Mr. A. Venkatesh, learned Senior Counsel representing Mr. G. Kalyan Chakravarthy, learned counsel for the respondent.

ORDER: (Per Hon’ble Justice Moushumi Bhattacharya)

1. The Civil Revision Petition (CRP) arises out of a docket order dated 10.03.2025 passed by the Commercial Court in an application filed by the Award-holder for withdrawing an amount of Rs.1,18,50,000/- deposited by the Award-debtor.

2. After hearing the arguments made on behalf of the parties, the Commercial Court on 10.03.2025 allowed the petition filed by the Award-holder by permitting the petitioner to withdraw the amount deposited by the respondent in compliance with the order passed by a Co-ordinate Bench on 05.12.2024 in an Appeal filed by the respondent subject to furnishing of a bank guarantee. 3. The order of the Co-ordinate Bench was passed in C.O.M.C.A.No.36 of 2024 in an Appeal filed by the respondent against the dismissal of the respondent’s application for setting-aside of the Award under