Disposed
Tata Capital Financial Services Limited v. Ramsarup Industries Limited
Bombay HCIA/2756/2022
Case brief
AI extract
What is this about?
On a joint request that an arbitral bank guarantee had been discharged, the court directed the Prothonotary to withdraw an invocation of that guarantee against the bank and ordered the bank not to act on the invocation.
What did the court decide?
Direction to withdraw invocation of the bank guarantee and order to return the guarantee to the respondent; order to Bank of India not to act on invocation.