Supreme Court · 2007 INSC 816 · Decided 7 August 2007
Himadri Chemicals Industries LTD. v. Coal Tar Refining Company
- Court
- Supreme Court of India
- Citation
- 2007 INSC 816 · [2007] 8 S.C.R. 869
- Case number
- CIVIL APPEAL No. 3522/2007
- Decided
- 7 August 2007
- Bench
- TARUN CHATTERJEE, P.K. BALASUBRAMANYAN (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Contract Act; Arbitration Act Section 91
Headnote
B Arbitration and Conciliation Act, 1996; Section 91/ndian Contract Act, 1872/Negotiable ~nstruments Act, 1881: Payment in. terms of letter of credit-A Company entering into a contract, C with another company for supply of certain goods-Payment agreed to be made by a Letter of Credit-Description of Credit-Appel/ant-company agreeing to make payments to supplier subject to resolving the quality issue or rejection of shipping documents-No effective steps taken by the supplier company resolving quality , D issue-Filing of application by purchaser company u/s. 9 of 1996 Act for grant of
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