Aneja Construction (India) Ltd. v. Indure Pvt. Ltd.
Case brief
What is this about?
Aneja Construction (India) Ltd v. Indure Pvt. Ltd.; O.M.P.(I) (COMM.) 89/2025; High Court of Delhi; Justice Jyoti Singh; 19.05.2025; Section 9 Arbitration and Conciliation Act 1996; interim relief; restraint on encashment of bank guarantee; Performance Bank Guarantee PBG No. 006GT02120130007 dated 13.01.2012; HDFC Bank; Rs. 35,00,000/-; Agreement dated 11.01.2021; PBG not renewed; petition disposed of as infructuous.
What did the court decide?
The Court disposed of the petition as infructuous; no direction to the Respondent to discharge the Performance Bank Guarantee was issued. ¶14