Supreme Court · 1996 INSC 807 · Decided 31 July 1996
Ansal Engineering Projects LTD. v. Tehri Hydro Development Corporation LTD. and ANR.
- Court
- Supreme Court of India
- Citation
- 1996 INSC 807 · [1996] SUPP. 4 S.C.R. 226
- Case number
- SPECIAL LEAVE PETITION (CIVIL) No. 15878/1996
- Decided
- 31 July 1996
- Bench
- K. RAMASWAMY, S. SAGHIR AHMAD, G.B. PATTANAIK (3-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Arbitration Act Section 20
Headnote
Arbitration Act, 1940: Ss. 20. and 41 read with Schedule II-Bank guarante&-Letter of ill­ vocation-Application by contractor for injunction to restrain the respondent Coporation fron1 invoking the bank guarantee contending that aniount due and payable should be detemiined-Held bank contract between bank and beneficimy and is not qualified by the underlying transaction and validity of p1in1a1y contract between the 11ar­ ties-U!lless fraud or special equity is pleaded and plima facie established by strong evidence as a lliable issue, beneficia1y cannot be
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)