M/S Simplex Project Ltd. v. M/S Ircon International Ltd.
Case brief
What is this about?
This is a procedural order verifying an extended bank guarantee. The Joint Registrar accepted the validity of Bank Guarantee No. INBG07921000165 issued by DCB Bank in favor of the Registrar General, Delhi High Court, as tendered by the Decree Holder. The bank guarantee was found to be in order.
What did the court decide?
Extended bank guarantee accepted as valid.