JYOTI SINGH, J.
1. This suit is filed on behalf of the Plaintiff seeking a decree for
declaration that Plaintiff is discharged from its obligations under Bank
Guarantees (‘BGs’) being: (i) Bank Guarantee No. 0691OBG16010553
dated 23.08.2016; (ii) Bank Guarantee No. 0691OBG16010800 dated
26.08.2016; (iii) Bank Guarantee No. 0691OBG16011649 dated 14.09.2016;
(iv) Bank Guarantee No. 0691OBG16012653 dated 30.09.2016; and
(v) Bank Guarantee No. 0691OBG16014183 dated 26.10.2016 as also
declaring that invocation of the said Bank Guarantees vide notices/letters
dated 05.01.2019, 15.01.2019 and 29.01.2019 is invalid, illegal and void.
Plaintiff also seeks a decree in the sum of Rs.48,77,13,600/- along with
interest from the date of payment against Defendant No.1.