RATUL PURI vs BANK OF BARODA

Judgment text excerpt

* IN THE HIGH COURT OF DELHI AT NEW DELHI % Judgment reserved on : 27th March 2025 Judgment pronounced on: 26th May 2025 + W.P.(C) 2765/2023 RATUL PURI .....Petitioner Through: Mr. Vaibhav Mishra, Mr. Ekansh Mishra and Mr. Shubham Tiwari, Advs. versus BANK OF BARODA .....Respondent Through: Mr. Kush Sharma, Standing Counsel with Mr. Nishchaya Nigam and Mr. Vagmi Singh, Advs. CORAM: HON'BLE MR. JUSTICE DHARMESH SHARMA ORDER REVIEW PET. 488/2024 (For review of judgment dated 25.10.2024) 1. The present petition has been preferred by the petitioner seeking a review of the judgment dated 25.10.2024 passed by this Court in the instant writ petition thereby requesting for corrections of some minor typographical errors and especially a detailed findings on the allegations levelled against it by the respondent Bank through its Counter Affidavit dated 30.10.2023 and Written Submissions filed on 08.10.2024, which have been traversed by the petitioner by way of its Rejoinder dated 15.07.2024, Supplementary Affidavit dated 16.09.2024, and Written Submissions filed on 14.10.2024. Signature Not Verified W.P.(C) 2765/2023 Digitally Signed By:PRAMOD Page 1 of 28 KUMAR VATS Signing Date:26.05.2025 20:15:05 BRIEF FACTS 2. The board factual matrix of the present matter has been detailed in the judgment of which review is sought and not repeated herein for the sake of brevity, and may be read as a part and parcel of this order. Shorn of unnecessary details, the case of the petitioner is that he is the Chairman of Hindustan Power Group Private Limited, which operates 1200 MW 1 power plant and supplies electricity to three States viz., State of Uttar Pradesh, State of Madhya Pradesh and State of Haryana. It is stated that in order to run its business, the company was engaged in negotiations w