Supreme Court Upholds Tribunal’s Decision on Bank Guarantee Invocation in FM Radio License Dispute Date of the Judgment: May 2, 2022 Citation: [Not Available in Source] Judges: L. Nageswara Rao, J., B. R. Gavai, J. Can a bank guarantee be invoked if the conditions for its invocation are not met? The Supreme Court addressed this […]
Supreme Court Upholds Bank Guarantee Encashment: Atlanta Infrastructure Ltd. vs. Delta Marine Company & Ors. (2021) LEGAL ISSUE: Scope of interference in encashment of bank guarantees. CASE TYPE: Civil Appeal. Case Name: Atlanta Infrastructure Ltd. (Rechristened as Atlanta Ltd.) vs. Delta Marine Company & Ors. Judgment Date: 19 July 2021 Date of the Judgment: 19
Supreme Court Upholds Bank Guarantee Invocation in Favor of Heavy Engineering Corporation Ltd. Date of the Judgment: 18 December 2019 Citation: Civil Appeal No(s).9288 of 2019 (Arising out of SLP(Civil) No(s). 23430 of 2019) Judges: L. Nageswara Rao, J., Ajay Rastogi, J. (Concurring Opinion) Can a bank refuse to honor a guarantee if the beneficiary
