Supreme Court · 2007 INSC 747 · Decided 11 July 2007
Mahatma Gandhi Sahakra Sakkare Karkhane v. National Heavy ENGG. COOP. LTD. and ANR.
- Court
- Supreme Court of India
- Citation
- 2007 INSC 747 · [2007] 8 S.C.R. 274
- Case number
- CIVIL APPEAL No. 2952/2007
- Decided
- 11 July 2007
- Bench
- TARUN CHATTERJEE, B. SUDERSHAN REDDY (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
Headnote
Bank guarantee-Stipulating that (i) guarantor undertook to pay the specified amount without demur: (ii) it was not open to guarantor to know C reasons or investigate or to go into merits of demands or question or challenge demand or to know any facts affecting demand: (iii) purchasers had sole had become recoverable or sellers breached terms and conditions of agreement: (iv) right to recover from guarantor was not to be suspended due to any dispute between seller and purchaser-Deed of guarantee also making a reference to principal D agreement between the parties-Injunction to prevent
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