IRB MP Expressway Private Limited vs Mumbai Pune Expressway Limited

Judgment text excerpt

7-ia-288-2026-coms-138-2025.doc IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INTERIM APPLICATION NO. 288 OF 2026 IN COMMERCIAL SUIT NO. 138 OF 2025 IRB MP Expressway Private Limited ] a company incorporated under ] Companies Act, 1956, having its ] registered office at 1101, Hiranandani ] Knowledge Park, 11th Floor, ] Technology Street, Hill Side Avenue, ] Opp. Hirandani Hospital, Powai, ] Mumbai – 400 076. ]…Applicant IN THE MATTER BETWEEN IRB MP Expressway Private Limited ] Digitally signed by a company incorporated under ] VARSHA VARSHA VIJAY RAJGURU VIJAY RAJGURU Date: 2026.06.08 Companies Act, 1956, having its ] 17:50:34 +0530 registered office at 1101, Hiranandani ] Knowledge Park, 11th Floor, ] Technology Street, Hill Side Avenue, ] Opp. Hirandani Hospital, Powai, ] Mumbai – 400 076. ] … Plaintiff V/s. Mumbai Pune Expressway Limited ] Having its registered office at, ] Near Lilavati Hospital, Opp. Bandra ] Reclamation Bus Depot, K.C. Marg., ] Bandra(West), Mumbai – 400 050. ] … Defendant 1/30 7-ia-288-2026-coms-138-2025.doc Mr. Vikram Nankani, Senior Advocate, Mr. Sumeet Nankani a/w. Mr. Durgaprasad Poojari i/b. PDS Legal for Applicant/Plaintiff. Ms. Vinodini Srinivasan a/w. Mr. Arun Siwach, Ms. Priyanka Mitra, Ms. Nupur Shah, Ms. Vidhi Saxena i/b. Cyril Amarchand Mangaldas for Respondent/Defendant. CORAM : GAURI GODSE, J. RESERVED ON : 23rd FEBRUARY 2026 PRONOUNCED ON : 8th JUNE 2026 JUDGMENT:- 1) This application is filed by the plaintiff for an order of injunction restraining the defendant from, in any manner, recovering from the plaintiff an amount of Rs. 1,09,96,23,389/- either by encashing bank guarantees or otherwise. The applicant has filed the suit for a declaration that the agreement between the plaintiff and the defend