M/S Meena Advertisers v. Delhi Metro Rail Corporation Ltd.
Case brief
What is this about?
The respondent applied to invoke a bank guarantee due to non-compliance. The appellant's counsel submitted a letter stating an arbitrator had been selected, resolving the dispute. The court held that nothing further survived in the application and disposed of it.
What did the court decide?
The application was disposed of as nothing further survived due to the selection of an arbitrator.