Legal Reference Library

Vaish Aggarwal Panchayat vs Inder Kumar & Ors on 25 August, 2015 Author: D Misra Bench: Dipak Misra, Prafulla C. Pant                                                                               REPORTABLE                         IN THE SUPREME COURT OF INDIA                         CIVIL APPELLATE JURISDICTION                         CIVIL APPEAL NO. 2089 OF 2015                   [Arising out of SLP(C) NO. 6919 OF 2008] Vaish Aggarwal Panchayat                ... Appellant           ...

1) UPC-600 (Uniform Customs and Practice for Documentary Credits, Sixth Edition) published by International Chambers of Commerce 2) Saleem Bhai v. State of Maharashtra, (2003) 1 SCC 557, Popat Kotecha Property v. State Bank of India Association, (2005) 7 SCC 510 3) Sopan Sukhdeo Sable v. Asst. Charity Commissioner, (2004) 3 SCC 137 4) R.D. Harbottle (Mercantile) Ltd. v. National Westminster Bank, (1977) 3 WLR 752 IN THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION CIVIL APPEAL NO. 3103 OF 2015 (Arising out of SLP (C) No.9689 of 2014) M/S. MILLENIUM WIRES (P) LTD. ...APPELLANT  :versus: THE STATE TRADING CORPORATION OF INDIA LTD. AND ORS. ...RESPONDENTS “Banks must be allowed to honour their guarantees without interference except in clear cases of notice of fraud to the bank. The merchants take risk which are not to be imposed on the banks. Such interference will deter trust in international commerce.” (1) The Court must be slow in granting an order...