Supreme Court · 1996 INSC 1433 · Decided 4 December 1996
U.P. State Sugar Corporation v. M/S Sumac International LTD.
- Court
- Supreme Court of India
- Citation
- 1996 INSC 1433 · [1996] SUPP. 9 S.C.R. 511
- Case number
- CIVIL APPEAL No. 15357/1996
- Decided
- 4 December 1996
- Bench
- M.M. PUNCHHI, SUJATA V. MANOHAR (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- CPC Section 39; Arbitration Act Section 41(b)
Headnote
B Code of Civil Procedure, 1908 : Order 39 Rules 1 and 2. Interim injunction-Bank guaralllee-Invocation of-Consideration Joi-Guarantee worded in absolute tem1s-Gura11tor bound to make payment C on demand wit/tout demur-Irrespective of pendency of legal proceed­ ings-Held, in tlte injustice-Existence of dispute about tem1ination of contract is not a ground for issuing injunction. Sick Industrial Companies (Special Provisions) Act, 1985: Sections 16, D 17, 18 and 22. Reference before Board--Pendency of-Bank guarantee-Effect on in­ vocation of-Claimant undertook to
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)