HARISH VAIDYANATHAN SHANKAR, J.
1. The present petition under Section 9 of the Arbitration and
Conciliation Act, 19961 has been filed on behalf of M/s Safety
The Act
Controls and Devices Ltd.2, seeking ad-interim and interim measures
restraining Respondent No.1 from acting upon, encashing and/or
appropriating the Advance Bank Guarantee and Insurance Surety
Bonds furnished by the Petitioner under Agreements bearing
Reference No. NRE-CS-5800-004(SS1)-9-FC-COA-207 & NRE-
CS-5800-004(SS1)-9-SC-COA-208 both dated 12.03.2025 for
‘Substation Package of 945MVA Capacity for Power Evacuation
from Solar PV Projects at Bikaner, Rajasthan’3. The prayer clause
to the instant petition reads as follows:
