Supreme Court · 1981 INSC 78 · Decided 26 March 1981
United Commercial Bank v. Bank of India and Others
- Court
- Supreme Court of India
- Citation
- 1981 INSC 78 · [1981] 3 S.C.R. 300
- Case number
- CIVIL APPEAL No. 132/1980
- Decided
- 26 March 1981
- Bench
- A.C. GUPTA, A.P. SEN (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Constitution Article 136
Headnote
F G H 300 UNITED COMMERCIAL BANK v. BANK OF INDIA AND OTHERS March 26, 1981 [A.C. GUPTA AND A.P. SEN, Jl] Banking law-Documents submitted by the seller of goods not in conformity with instructions given in the letter of credit-Duties of the paying bank-Whether bound to determine by physical of discrepancies in the documents submitted by the seller-High Court, if could grant injunction restrai111i1g the paying bank from collecting the amount paid under reserve. Constitution of India-Article 136-Supreme Court, if would inte1fere with interlocutory orders under Art. 136. Words and
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