NEETU AGRAWAL vs GAIL (INDIA) LTD

Judgment text excerpt

$~50 * IN THE HIGH COURT OF DELHI AT NEW DELHI Date of decision: 23.04.2026 + O.M.P.(I) (COMM.) 172/2026 & I.A. 11119/2026 (Ex. From filing original documents) NEETU AGRAWAL .....Petitioner Through: Mr. Dinesh Monga, Ms. Monika Shahi and Ms. Palak Agrawal, Advocates. versus GAIL (INDIA) LTD .....Respondent Through: Mr. Apoorva Kurup, Senior Advocate with Mr. Nishant Awana, Ms. Nitya Sharma, Mr. Gurjas Narula and Ms. Rakshita Mamgain, Advocates. CORAM: HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR % JUDGEMENT (ORAL) HARISH VAIDYANATHAN SHANKAR, J. 1. The present Petition has been filed under Section 9 of the Arbitration and Conciliation Act, 1996 [“the A&C Act”], seeking the following reliefs: “A. Pass an ad interim/interim order restraining the Respondent, its officers, servants, agents and all those acting on its behalf, from giving effect to or acting upon the Notice of Termination dated 27.03.2026 in respect of LOA No. 5300041002 and LOA No. 5300041004 dated 18.04.2024, pending the hearing and final disposal of the present petition; B. Pass an ad interim/interim order restraining the Respondent from invoking, encashing, or in any manner acting upon the Bank Guarantees (CPS) bearing No. 53870GI3D1232725 for Rs. Signature Not Verified Digitally Signed O.M.P.(I) (COMM.) 172/2026 Page 1 of 4 By:VARNIKA Signing Date:28.04.2026 11:21:17 11,26,398/-, 53870GI3D1268225 for Rs. 17,49,480/-, 50670IGL0001324 for Rs. 5,83,160/- and 50670IGL0001224 for Rs, 3,75,466/-, aggregating Rs. 38,34,504/-, furnished by the Petitioner under Clause 38 of the Tender Document, pending the hearing and final disposal of the present petition; C. Pass an order restraining the Respondent from issuing any Advisory Notice (YELLOW/RED Card), placing the Petitioner on any Watch List or Holiday List un