Disposed¶10
Stellar Dynamics Pvt. Ltd. v. Intello Air
Delhi HCRFA/598/2022
Case brief
AI extract
What is this about?
Stellar Dynamics Pvt. Ltd. (appellant, through Ajit Upadhyay) v. Intello Air (respondent, through Sandeep Verma); RFA 598/2022; CM APPL. 3139/2026; High Court of Delhi; Justice Neena Bansal Krishna; order dated 12.05.2026; Bank Guarantee of Rs.24,50,000/-; ICICI Bank; acceptance of non-nationalized bank guarantee in lieu of nationalized bank guarantee; release of Demand Draft.
What did the court decide?
Acceptance of the Bank Guarantee of Rs.24,50,000/- provided by ICICI Bank in lieu of a Bank Guarantee from a Nationalized Bank. ¶10