Supreme Court · 2000 INSC 472 · Decided 29 September 2000
Federal Bank LTD. v. V.M. Jog Engineering LTD. and ORS.
- Court
- Supreme Court of India
- Citation
- 2000 INSC 472 · [2000] SUPP. 3 S.C.R. 542
- Case number
- CIVIL APPEAL No. 5626/2000
- Decided
- 29 September 2000
- Bench
- M. JAGANNADHA RAO, U.C. BANERJEE (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- CPC Section 39
Headnote
Code of Civil Procedure, 1908: Order 39 Rules 1 and 2. Temporary injunction-Grant of-Principles-Letter of Credit (UC)- C Buyer entered into contract with sellers for supply of reinforced steel bars and structural steel-Buyer opened UC with "Issuing Bank" which required certain documents goods seller asked "Negotiating Bank" to make payment against UC and endorse required documents- "Negotiating Bank" D sent UC and documents to "Issuing Bank"-"Issuing Bank" certified genuineness of UC and documents and assured reimbursement to
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