Supreme Court · 2012 INSC 57 · Decided 31 January 2012
Yograj INFRAS. LTD. v. Ssang Yong ENG. & CONSTRN. CO. LTD. & ANR.
- Court
- Supreme Court of India
- Citation
- 2012 INSC 57 · [2012] 1 S.C.R. 456
- Case number
- SPECIAL LEAVE PETITION (CRIMINAL) No. 24746/2010
- Decided
- 31 January 2012
- Bench
- ALTAMAS KABIR, JASTI CHELAMESWAR (2-judge bench)
- Outcome
- Disposed off
- Case type
- Criminal
- Acts & sections cited
- Arbitration Act Section 9
Headnote
BANK GUARANTEE: c Construction contract - Dispute between parties- Invocation of bank guarantees - Held: Since the petitioner's application uls 9 of Arbitration and Conciliation Act to restrain the respondent from invoking the bank guarantees was based mainly on a/legations have been rejected, and 0 further the partial award has been made by arbitral tribunal, which has not been questioned by the petitioner, the plea relating to special equities, cannot be accepted - Arbitration and Conciliation Act, 1996-s.9. Pursuant to a construction contract, the petitioner E
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