Supreme Court · 2025 INSC 640 · Decided 7 May 2025
M/S Jindal Steel and Power LTD. & ANR. v. M/S Bansal Infra Projects PVT. LTD. & ORS.
- Court
- Supreme Court of India
- Citation
- 2025 INSC 640 · [2025] 5 S.C.R. 1263
- Case number
- CIVIL APPEAL No. 6413/2025
- Decided
- 7 May 2025
- Bench
- J.B. PARDIWALA, R MAHADEVAN (2-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
- Acts & sections cited
- CPC Section 151; Constitution Article 227; Contract Act; Arbitration Act Section 9
Headnote
Appellants issued work order to 1st respondent for construction of flats and paid advance. Bank guarantee equivalent to the advance money was furnished by 1st respondent to secure the amount. When the work got delayed and disputes arose between the requested refund of debit balance, failing which the bank guarantee was to be encashed. The 1st respondent filed petition under Section 9 of the Arbitration and Conciliation Act, 1996, before the Commercial Court, along with applications under Order XXXIX Rules 1 and 2 and Order XXXIX Rule 3
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