The notice was served to the RPower subsidiary Coastal Andhra Power Ltd (CAPL) by state-run Andhra Pradesh Southern Power Distribution Company Ltd (APSPDCL) due to a delay in executing the power project.
Justice S Muralidhar vacated the March 20 interim order by which relief was granted to CAPL.
"No case is made out by Coastal Andhra Power Ltd (CAPL) for continuation of the interim order passed in its favour on March 20, 2012. The petition is accordingly dismissed and the interim order of March 20 is vacated," the judge said in the judgement delivered yesterday.
The High Court, while dismissing the petition by CAPL, said the power company has been "unable to show" it that encashment of the bank guarantee will cause irretrievable hardship to CAPL. (more)
