Disposed
Fankaar Interiors Pvt. Ltd. v. Larsen & Toubro Ltd, & Anr.
Delhi HCO.M.P.(I) (COMM.)/289/2017
Case brief
AI extract
What is this about?
The Court disposed of the petition wherein the petitioner was directed to invoke the arbitration clause within two days as per the Agreement. The respondent was restrained from bank guarantee invocation pending arbitrator reference, with liberty to approach the Arbitrator under Section 17.
What did the court decide?
Petitioner directed to invoke arbitration clause within two days; Respondent restrained from invoking bank guarantee; Liberty to approach Arbitrator under Section 17.