Archana Telecom Services v. Union of India
Case brief
What is this about?
The Tribunal upheld the respondent's right to encash bank guarantees for outstanding license fees, ruling that exemption clauses did not apply. It partially allowed the petitioner's counter-claim for payment of due fees without interest pendente lite, dismissing the petition for upfront dismissal as meritless.
What did the court decide?
Petition dismissed; counter-claim allowed in part; respondent to receive decretal amount without interest pendente lite.