Supreme Court · 1996 INSC 722 · Decided 9 July 1996
Hindustan Steelworks Construction LTD. v. Tarapore and CO. and ANR.
- Court
- Supreme Court of India
- Citation
- 1996 INSC 722 · [1996] SUPP. 3 S.C.R. 396
- Case number
- CIVIL APPEAL No. 4713/1990
- Decided
- 9 July 1996
- Bench
- S.C. AGRAWAL, G.T. NANAVATI (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
Headnote
Bank Guarantee-Enforcement of-Commitments of banks must be honoured free from inte1fcrence by courts--Powers of courts to inter­ fere-Lin1itations. The appellant awarded a contract to the contractor for construction of civil works. Some disputes arose between the appellant and the contrac­ The appellant rescinded the contract as the contractor did not D complete the work. Bank of India has given 14 guarantees on different dates in favour of the appellant at the instance of the contractor. By these bank guarantees, bank had undertaken to indemnify the appellant against any
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)