FAO (OS) No.121/2014 Page 1 of 15

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IN THE HIGH COURT OF DELHI AT NEW DELHI

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FAO(OS) 121/2014

NUSSLI SWITZERLAND LTD

..... Appellant

Represented by:

Mr.K.N.Bhatt, Sr.Advocate instructed

by Mr.Prashant Kumar, Mr.Amit

Singh, Mr.Rajan Singh and

Mr.Anantha Narayana, Advocates

versus

ORGANIZING COMMITTEE

COMMONWEALTH GAMES, 2010

..... Respondent

Represented by:

Mr.Rajeeve Mehra, Sr.Advocate

instructed by Mr.Neeraj Sharma,

Ms.Anjali Agrawala, Ms.Archana

Lakhotia, Ms.Pragya Nalwa,

Ms.Marisha Shukla and Mr.Anand

Raja, Advocates

CORAM:

HON'BLE MR. JUSTICE PRADEEP NANDRAJOG

HON'BLE MS. JUSTICE MUKTA GUPTA

PRADEEP NANDRAJOG, J.

1.

Nussli Switzerland Ltd. (hereinafter referred to as Nussli) and the

Organizing Committee Common Wealth Games, 2010 (hereinafter referred

to as the Organizing Committee) had entered into a contract on June 02,

2010 which contained an arbitration clause.

2.

Being a term of the contract, Nussli got issued a bank guarantee being

issued in favour of the Organizing Committee by HSBC Bank in sum of

`12,78,99,935/-