High Court of Bombay at Aurangabad Considers Writ Petition Against Interim Injunction Restraining Bank Guarantee Encashment; Contract Formation and Arbitration Clause Among Issues. The Court Examines Whether a Concluded Contract Existed and Whether Civil Court Jurisdiction Is Barred by an Arbitration Clause, but the Provided Judgment Excerpt Is Incomplete.
17 Feb 2010This writ petition arose from a dispute over the encashment of a bank guarantee submitted as bid security in a tender process. The petitioner, a corpo...
