Supreme Court · 2016 INSC 375 · Decided 5 May 2016
M/S Gangotri Enterprises LTD. v. Union of India & ORS.
- Court
- Supreme Court of India
- Citation
- 2016 INSC 375 · [2016] 2 S.C.R. 1074
- Case number
- CIVIL APPEAL No. 4814/2016
- Decided
- 5 May 2016
- Bench
- JASTI CHELAMESWAR, ABHAY MANOHAR SAPRE (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Arbitration Act
Headnote
Arbitration and Conciliation Act, 1996 ·- s. 9 - Bank guarantee - Encashment - Injunction against - Award of two contracts by Railway Department to Contractor - Termination of the first contract for non-completion of work-As regards second contract, contractor on its of Bank guarantee - However. Railway Department sought encashment of Bank Guarantee - Invocation of arbitration clause by Contractor - Application uls. 9 by contractor seeking injunction against the Department from encashing Bank Guarantee - Dismissed by the courts below - On appeal, held:
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