Rescom Mineral Trading Fze vs Rashtriya Ispat Nigam Limited Rinl And … on 28 August, 2025

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1. This is a petition filed under section 9 of the Arbitration and
Conciliation Act, 1996 (“1996 Act”) seeking the following prayers:-

“(i) Pass an order directing Respondent No. 1 to secure the
Petitioner’s claim by furnishing security in the form of a

By:DEEPANSHU MALASI
Signing Date:28.08.2025
16:50:49
cash deposit or an unconditional Bank Guarantee of a
nationalized bank of an amount totaling USD
1,65,35,071.76 equivalent to INR 1,39,01,03,482.86
together with interest at 18% p.a. hereof till the realisation
of its claim by the Petitioner; or

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