Supreme Court Upholds Forfeiture of Security Deposit in Contract Dispute: Vijay Trading vs. Central Warehousing (2019)

/ A.S. Bopanna, Arbitration and Conciliation Act, 1996, Arbitration Law, Arbitration Law with Section 34, Breach of contract, Contract Law, Contract Law with Clause 5(g), Hrishikesh Roy, Judges, R. Banumathi

Supreme Court Upholds Forfeiture of Security Deposit in Contract Dispute: Vijay Trading vs. Central Warehousing (2019) LEGAL ISSUE: Whether the forfeiture of a security deposit and detention of equipment by the Central Warehousing Corporation was justified due to a contractor’s failure to perform contractual obligations. CASE TYPE: Arbitration Case Name: M/s Vijay Trading and Transport […]

Supreme Court Upholds Forfeiture of Security Deposit in Contract Dispute: Vijay Trading vs. Central Warehousing (2019) Read Post »