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High Court

High Court Quashes FIR Against Bank Officials and BGR Energy Executives in Bank Guarantee Dispute -- No Criminal Intent Found in Commercial Transaction Under IPC Sections 420, 403, 406, 418, 425, 427 read with 34

23 Feb 2026

The High Court quashed an FIR registered against bank officials and company executives alleging criminal offences in connection with bank guarantee tr...

High Court

Bombay High Court Dismisses Landowners' Petitions Challenging Land Acquisition Compensation and Betterment Charges for CIDCO Metro Project. Court upholds compensation determined under the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 and rejects waiver of betterment charges under CIDCO Act.

4 Mar 2025

The judgment pertains to a group of five writ petitions filed by landowners whose lands were acquired for the Metro Centre project of CIDCO in Panvel,...

Supreme Court

Supreme Court Upholds Land Acquisition for Planned Development by YEIDA - Urgency Provisions Validly Invoked. The court held that the invocation of Sections 17(1) and 17(4) of the Land Acquisition Act, 1894 for acquisition of land for integrated development was justified and the landowners' right to hearing under Section 5-A was validly dispensed with.

26 Nov 2024

The Supreme Court, in a batch of civil appeals, considered the validity of land acquisition proceedings initiated by the State of Uttar Pradesh throug...

High Court

Bombay High Court Dismisses Appeal Against Refusal to Injunction Bank Guarantee Encashment in Commercial Contract Dispute. Court holds that invocation of unconditional bank guarantees must be honoured unless there is clear fraud or irretrievable injustice, and disputes over contract termination do not constitute fraud.

22 Mar 2022

The Appellant, Reliance Infrastructure Limited, entered into a contract with Respondent No.1, NLC India Limited, for the supply of coal under a Letter...

High Court

High Court of Bombay Dismisses Developer's Suit to Restrain Invocation of Bank Guarantee — No Prima Facie Case of Fraud or Irreparable Injury Established. The court held that an unconditional bank guarantee cannot be restrained except in cases of established fraud or irretrievable injustice, which the plaintiff failed to prove.

22 May 2020

The plaintiff, Kryshnajay Developers Private Limited, filed a suit seeking a declaration that the invocation of a bank guarantee by the defendants (Ka...

Supreme Court

Supreme Court Allows Appeal by Pollution Control Board in Bank Guarantee Invocation Case. Principles of Natural Justice Not Required Prior to Invocation of Bank Guarantees Furnished to Secure Compliance with Environmental Norms Under Water (Prevention and Control of Pollution) Act, 1974 and Environment (Protection) Rules, 1986.

22 Jul 2019

The Supreme Court allowed the appeal filed by the Andhra Pradesh Pollution Control Board against the judgment of the National Green Tribunal (NGT) dat...

High Court

Bombay High Court Dismisses Petition to Restrain Encashment of Bank Guarantees in Arbitration Dispute — No Case of Fraud or Irreparable Injury Established. Court held that bank guarantees are independent contracts and injunction can only be granted in exceptional circumstances of fraud or special equity, which were not made out.

11 Jan 2018

The petitioner, Felguera Gruas India Pvt. Ltd. (FGIPL), filed six arbitration petitions under Section 9 of the Arbitration and Conciliation Act, 1996,...

High Court

Bombay High Court Dismisses Suit for Lack of Jurisdiction in Bank Guarantee Dispute — Exclusive Jurisdiction Clause in Contract Confers Jurisdiction on Chennai Courts. Plaintiff L&T's Suit Challenging Invocation of Performance Bank Guarantee Dismissed as Bombay High Court Has No Territorial Jurisdiction.

29 Feb 2016

The plaintiff, Larsen & Toubro Limited (L&T), filed a suit in the Bombay High Court seeking a declaration that the invocation of a Performance Bank Gu...

High Court

High Court of Bombay Restrains Bank from Honoring Bank Guarantee Invocation After Completion of Contract — Invocation Held Invalid as Guarantee Ceased to Be Operative. The court held that the bank guarantee had ceased to be operative upon completion of the contract as certified by the Independent Engineer, and the beneficiary's invocation was not in terms of the guarantee.

12 Apr 2013

The plaintiff, M/s. ABG Kandla Container Terminal Ltd., filed a suit seeking declarations that a bank guarantee had ceased to be operative and that th...

High Court

Bombay High Court Grants Injunction Against Invocation of Bank Guarantees in Arbitration Dispute — Prima Facie Case of Fraud and Irretrievable Injustice Established. Court held that unconditional bank guarantees cannot be invoked where there is a clear fraud of which the bank has notice or where irretrievable injustice would result.

17 Jan 2013

The petitioner, M/s. ANCL & Co. (India) Pvt. Ltd., filed a petition under Section 9 of the Arbitration and Conciliation Act, 1996, seeking an injuncti...

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