RAMKY INFRASTRUCTURE LIMITED AND ECI ENGINEERING CONSTRUCTION COMPANY LIMITED (JV) vs NATIONAL HIGHWAYS AND INFRASTRUCTURE DEVELOPMENT CORPORATION LTD & ANR.

$~SB-28 * IN THE HIGH COURT OF DELHI AT NEW DELHI Date of Decision: 11.06.2025 + O.M.P.(I) (COMM.) 230/2025 & I.A. 14735/2025, I.A. 14736/2025 & I.A. 14737/2025 RAMKY INFRASTRUCTURE LIMITED AND ECI ENGINEERING CONSTRUCTION COMPANY LIMITED (JV) .....Petitioner Through: Mr. Salil Sinha, Mr. Vipul Kumar Sharma, Mr. Sahil Chandra, Mr. Kushal Mishra & Ms. Stuti Jain, Advocates. versus NATIONAL HIGHWAYS AND INFRASTRUCTURE DEVELOPMENT CORPORATION LTD & ANR. .....Respondents Through: Mr. Kamal Kant Jha, Mr. Avinash Singh & Mr. Manas Tiwari, Advocates for Respondent No.1. Mr. Sumeet Batra, Mr. D.K. Sachar, Dr. Roopanshi Batra & Mr. Rishabh Jain, Advocates for Respondent No.2/Karur Vysya Bank Limited. CORAM: HON'BLE MR. JUSTICE TEJAS KARIA ORDER % 11.06.2025 TEJAS KARIA, J. (Oral) 1. The Petitioner has filed the present Petition under Section 9 of the 2. The learned Counsel for the Petitioner submits that the present Petition has been filed for seeking urgent interim measures against the unilateral and coercive actions of Respondent No.1 in invoking the Performance Bank Guarantee amounting to ₹19.35 crores and initiating termination of the Agreement despite completion of the Project. 3. The