Allowed

Millenium Engineers and Contractors Private Limited. v. Compulink Systems Limited

Bombay HC21 Jul 2017CAR/27/2017

Case brief

AI extract

What is this about?

An applicant sought directions to return a bank guarantee. The court allowed the application due to the original appellant's failure to appear and inability to restore the impugned arbitration appeal.

What did the court decide?

Return of bank guarantee No.0507 IFIBG 130003 dated 10.4.2013 for Rs.70,85,000/- issued by Bank of India, Pimpri Branch in favour of Registrar (Judicial).

Millenium Engineers and Contractors Private Limited. Vs Compulink… — Arbitration | Bombay HC (2017)

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[Millenium v Compulink]

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IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION CIVIL APPLICATION NO.27 OF 2017

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ARBITRATION APPEAL NO.41 OF 2012

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Office Notes, Office Memoranda of Coram, appearances, Court's orders or directions and	Court's or Judge's orders.
Registrar's orders
	Mr. V.P. Vaze i/b. City Legal, Advocate for the applicant.
	Ms.Kavita Brid-Chavan a/w. Pooja
	Vasandani i/b. Rajani Associates for respondent (orig.appellant).
	CORAM : R. G. KETKAR, J. DATE : 21/07/2017

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P.C.:

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Heard Mr.V.P. Vaze, learned Counsel for the applicant (original respondent No.1) and Ms.Kavita BridChavan, learned Counsel for the respondent (original appellant), at length.

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This is an application filed by original respondent No.1 in Arbitration Appeal No.41/2012 for issuing directions to the department to return the bank guarantee No.0507 IFIBG 130003 dated 10.4.2013 for Rs.70,85,000/- issued by the Bank of India, Pimpri Branch in favour of the Registrar (Judicial) of this Court, which was furnished on 12.4.2013.

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[Millenium v Compulink]

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Mr. Vaze submitted that by order dated 3.12.2015, the appeal was dismissed in default as none appeared on behalf of the original appellant – Compulink Systems Limited. However, no attempts are made till date for restoration of Arbitration Appeal.

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In view thereof, Civil Application is allowed in terms of prayer clause (A) with no order as to costs. Office shall return the bank guarantee No.0507 IFIBG 130003 dated 10.4.2013 for Rs.70,85,000/- issued by the Bank of India, Pimpri Branch in favour of the Registrar (Judicial) of this Court, which was furnished on 12.4.2013, to the applicant – Millenium Engineers & Contractors Private Limited. Order accordingly.

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Deshmane(PS)

Millenium Engineers and Contractors Private Limited. v. Compulink Systems Limited

Case brief

What is this about?

What did the court decide?

Millenium Engineers and Contractors Private Limited. v. Compulink Systems Limited

Case brief

What is this about?

What did the court decide?

What the court decided

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