{"id":280309,"date":"2022-12-23T16:00:52","date_gmt":"2022-12-23T10:30:52","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=280309"},"modified":"2022-12-27T11:35:02","modified_gmt":"2022-12-27T06:05:02","slug":"allahabad-high-court-reiterates-law-on-interdicting-unconditional-bank-guarantee-sets-aside-interim-injunction-order-passed-by-commercial-court-legal-researcg-legal-news-updates","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2022\/12\/23\/allahabad-high-court-reiterates-law-on-interdicting-unconditional-bank-guarantee-sets-aside-interim-injunction-order-passed-by-commercial-court-legal-researcg-legal-news-updates\/","title":{"rendered":"Allahabad High Court reiterates law on interdicting unconditional bank guarantee; Sets aside interim injunction order passed by Commercial Court"},"content":{"rendered":"<div style=\"text-align: justify; line-height: 150%;\">\n<p style=\"text-indent: 18pt;\">&#160; &#160;<\/p>\n<p style=\"margin-bottom: 3%;\"><b>Allahabad High Court:<\/b> In an appeal filed under Section <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0001544942\">37<\/a> of the <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0002726958\">Arbitration and Conciliation Act, 1996<\/a> by the Uttar Pradesh Expressways Industrial Development Authority (&#8216;UPEIDA&#8217;) against an ad interim injunction order passed by the Commercial Court, directing the parties to maintain &#8216;status quo&#8221; with respect to the Performance Bank Guarantee(&#8216;PBG&#8217;), furnished by the respondent contractor, the division bench of Attau Rahman Masoodi and <b>Om Prakash Shukla, JJ.<\/b> said that the law on interdicting an unconditional bank guarantee is settled, however the impugned order has been passed dehors to this settled position, thus, it is unsustainable in the eyes of law.<\/p>\n<p style=\"margin-bottom: 3%;\">The Court viewed that the law with respect to grant of an injunction which has the effect of restraining encashment of a bank guarantee, is no longer res integra, and in <i>U.P. Coop. Federation Ltd.<\/i> v. <i>Singh Consultants and Engineers (P) Ltd.<\/i>, <a href=\"http:\/\/www.scconline.com\/DocumentLink\/U6l8G6n9\">(1988) 1 SCC 174<\/a>, the Court has set aside an injunction granted by the High Court to restrain the realisation of the bank guarantee.<\/p>\n<p style=\"margin-bottom: 3%;\">The Court relied on <i>Vinitec Electronics (P) Ltd.<\/i> v. <i>HCL Infosystems Ltd.<\/i>, <a href=\"http:\/\/www.scconline.com\/DocumentLink\/M0ogUdSK\">(2008) 1 SCC 544<\/a>, and said that the first aspect to be taken into consideration is the bank guarantee itself, and the terms thereof. If the bank guarantee is conditional, then, if the conditions have not been fulfilled, injunction, against encashment and invocation, may unquestionably follow. If, however, the bank guarantee is unconditional, then injunction can be granted only if egregious fraud, irretrievable injustice, or special equities, exist, and not otherwise.<\/p>\n<p style=\"margin-bottom: 3%;\">The Court noted that the bank guarantee in unequivocal terms says that any demand made by the UPEIDA on the bank shall be conclusive and binding, notwithstanding any difference between UPEIDA and the respondent or any dispute pending before any Court, Tribunal, Arbitrator or any other authority. Further, the bank has agreed that the guarantee contained shall be irrevocable and shall continue to be enforceable till UPEIDA discharges this guarantee.<\/p>\n<p style=\"margin-bottom: 3%;\">The Court said that it must be understood that the jurisdiction of the Court to interfere, in such cases, is, however, not irrevocably foreclosed and as such the exceptions of egregious fraud, irretrievable injustice, or special equities have been devised by the court, to injunct the invocation of the bank guarantee.<\/p>\n<p style=\"margin-bottom: 3%;\">Further, in view of the well crystallised law on the subject, the Court said that any reference to the original dispute between the parties, relating to the performance of the contract, is completely irrelevant, insofar as the issue of stay of invocation of the bank guarantees is concerned. That dispute has necessarily to form substratum of an entirely different proceeding, to be resolved either by arbitration or by adjudication by a Court. Thus, in the present interim proceedings, the enquiry is confined to, whether based on the documents, a case of fraud of egregious nature in the matter of furnishing bank guarantees, is made out or not.<\/p>\n<p style=\"margin-bottom: 3%;\">The Court relied on <i>Mahatma Gandhi Sahakra Sakkare Karkhane<\/i> v. <i>National Heavy Engg. Coop. Ltd.<\/i>, <a href=\"http:\/\/www.scconline.com\/DocumentLink\/oaNh3wN2\">(2007) 6 SCC 470<\/a>, wherein it was held that <b>&#8220;the person in whose favour the guarantee is furnished by the bank cannot be prevented by way of an injunction in enforcing the guarantee on the pretext that the condition for enforcing the bank guarantee in terms of the agreement entered between the parties has not been fulfilled. Such a course is impermissible&#8221;<\/b>. Thus, it held that the agreement between the parties, under which the bank guarantees could be enforced, cannot be cited as a ground to stay the invocation and encashment thereof.<\/p>\n<p style=\"margin-bottom: 3%;\">Further, it was held that UPEIDA is a public sector undertaking and a ground of not able to recover from a PSU must be grounded on strong footings and not merely on apprehension or pleadings.<\/p>\n<p style=\"margin-bottom: 3%;\">Moreover, the Court viewed that it cannot be said that, within the boundaries of the law relating to interdiction of invocation of the irrevocable bank guarantees, a case for such interdiction has been made out by UPEIDA in the present case, insofar bank guarantees are concerned. Thus, it held that, none of the three circumstances, in which stay of invocation of unconditional bank guarantees, can be granted by the Court, exists in favour of the respondent and as such it was not well within the jurisdiction of the Commercial Court to pass a status quo order, which in effect has interdicted the invocation of the performance bank guarantee.<\/p>\n<p style=\"margin-bottom: 3%;\">[<span style=\"font-weight: bold; color: #632423;\">U.P. Expressways Industrial Development Authority v. Sahakar Global Ltd, <a href=\"http:\/\/www.scconline.com\/DocumentLink\/4k771i4j\">2022 SCC OnLine All 782<\/a>, decided on 02-12-22<\/span>]<\/p>\n<hr\/>\n<p>Advocates who appeared in this case :<\/p>\n<p style=\"text-indent: 18pt;\">Counsel for Appellant:- Advocate Brijesh Kumar, Advocate Amal Rastogi, Advocate Utkarsh Srivastava;<\/p>\n<p style=\"text-indent: 18pt;\">Counsel for Respondent:- Advocate Pritish Kumar.<\/p>\n<hr\/>\n<p style=\"text-indent: 18pt;\"><strong><span style=\"color: #000080;\">*Apoorva Goel, Editorial Assistant has reported this brief.<\/span><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p><i>Fraud, as an exception to the rule of non-interference with encashment of bank guarantees, is not any fraud, but a fraud of an egregious nature, going to the root i.e., to the foundation of the bank guarantee and an established fraud. The entire case of the respondent fails to qualify for this.<\/i><\/p>\n","protected":false},"author":67011,"featured_media":278729,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,10],"tags":[2510,14732,3981,47046,53822,2943,30859,2554,53821],"class_list":["post-280309","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casebriefs","category-highcourts","tag-Allahabad_High_Court","tag-balance-of-convenience","tag-bank-guarantee","tag-commercial-court","tag-covid-pandemic","tag-injunction","tag-irreparable-injury","tag-Jurisdiction","tag-upeida"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Allahabad High Court reiterates law on interdicting unconditional bank guarantee; Sets aside interim injunction order passed by Commercial Court | SCC Times<\/title>\n<meta name=\"description\" content=\"In an appeal filed under Section 37 of the Arbitration and Conciliation Act, 1996 by the Uttar Pradesh Expressways Industrial Development\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2022\/12\/23\/allahabad-high-court-reiterates-law-on-interdicting-unconditional-bank-guarantee-sets-aside-interim-injunction-order-passed-by-commercial-court-legal-researcg-legal-news-updates\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Allahabad High Court reiterates law on interdicting unconditional bank guarantee; Sets aside interim injunction order passed by Commercial Court\" \/>\n<meta property=\"og:description\" content=\"In an appeal filed under Section 37 of the Arbitration and Conciliation Act, 1996 by the Uttar Pradesh Expressways Industrial Development\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.scconline.com\/blog\/post\/2022\/12\/23\/allahabad-high-court-reiterates-law-on-interdicting-unconditional-bank-guarantee-sets-aside-interim-injunction-order-passed-by-commercial-court-legal-researcg-legal-news-updates\/\" \/>\n<meta property=\"og:site_name\" content=\"SCC Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/scc.online\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-12-23T10:30:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-27T06:05:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/11\/MicrosoftTeams-image31.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"390\" \/>\n\t<meta property=\"og:image:height\" content=\"310\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2022\/12\/23\/allahabad-high-court-reiterates-law-on-interdicting-unconditional-bank-guarantee-sets-aside-interim-injunction-order-passed-by-commercial-court-legal-researcg-legal-news-updates\/\",\"url\":\"https:\/\/www.scconline.com\/blog\/post\/2022\/12\/23\/allahabad-high-court-reiterates-law-on-interdicting-unconditional-bank-guarantee-sets-aside-interim-injunction-order-passed-by-commercial-court-legal-researcg-legal-news-updates\/\",\"name\":\"Allahabad High Court reiterates law on interdicting unconditional bank guarantee; Sets aside interim injunction order passed by Commercial Court | SCC Times\",\"isPartOf\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2022\/12\/23\/allahabad-high-court-reiterates-law-on-interdicting-unconditional-bank-guarantee-sets-aside-interim-injunction-order-passed-by-commercial-court-legal-researcg-legal-news-updates\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2022\/12\/23\/allahabad-high-court-reiterates-law-on-interdicting-unconditional-bank-guarantee-sets-aside-interim-injunction-order-passed-by-commercial-court-legal-researcg-legal-news-updates\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/11\/MicrosoftTeams-image31.jpg\",\"datePublished\":\"2022-12-23T10:30:52+00:00\",\"dateModified\":\"2022-12-27T06:05:02+00:00\",\"author\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe\"},\"description\":\"In an appeal filed under Section 37 of the Arbitration and Conciliation Act, 1996 by the Uttar Pradesh Expressways Industrial Development\",\"breadcrumb\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2022\/12\/23\/allahabad-high-court-reiterates-law-on-interdicting-unconditional-bank-guarantee-sets-aside-interim-injunction-order-passed-by-commercial-court-legal-researcg-legal-news-updates\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.scconline.com\/blog\/post\/2022\/12\/23\/allahabad-high-court-reiterates-law-on-interdicting-unconditional-bank-guarantee-sets-aside-interim-injunction-order-passed-by-commercial-court-legal-researcg-legal-news-updates\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2022\/12\/23\/allahabad-high-court-reiterates-law-on-interdicting-unconditional-bank-guarantee-sets-aside-interim-injunction-order-passed-by-commercial-court-legal-researcg-legal-news-updates\/#primaryimage\",\"url\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/11\/MicrosoftTeams-image31.jpg\",\"contentUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/11\/MicrosoftTeams-image31.jpg\",\"width\":390,\"height\":310,\"caption\":\"Allahabad High Court\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2022\/12\/23\/allahabad-high-court-reiterates-law-on-interdicting-unconditional-bank-guarantee-sets-aside-interim-injunction-order-passed-by-commercial-court-legal-researcg-legal-news-updates\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.scconline.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Allahabad High Court reiterates law on interdicting unconditional bank guarantee; Sets aside interim injunction order passed by Commercial Court\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\",\"url\":\"https:\/\/www.scconline.com\/blog\/\",\"name\":\"SCC Times\",\"description\":\"Bringing you the Best Analytical Legal News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.scconline.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe\",\"name\":\"Editor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g\",\"caption\":\"Editor\"},\"url\":\"https:\/\/www.scconline.com\/blog\/post\/author\/editor_4\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Allahabad High Court reiterates law on interdicting unconditional bank guarantee; Sets aside interim injunction order passed by Commercial Court | SCC Times","description":"In an appeal filed under Section 37 of the Arbitration and Conciliation Act, 1996 by the Uttar Pradesh Expressways Industrial Development","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.scconline.com\/blog\/post\/2022\/12\/23\/allahabad-high-court-reiterates-law-on-interdicting-unconditional-bank-guarantee-sets-aside-interim-injunction-order-passed-by-commercial-court-legal-researcg-legal-news-updates\/","og_locale":"en_US","og_type":"article","og_title":"Allahabad High Court reiterates law on interdicting unconditional bank guarantee; Sets aside interim injunction order passed by Commercial Court","og_description":"In an appeal filed under Section 37 of the Arbitration and Conciliation Act, 1996 by the Uttar Pradesh Expressways Industrial Development","og_url":"https:\/\/www.scconline.com\/blog\/post\/2022\/12\/23\/allahabad-high-court-reiterates-law-on-interdicting-unconditional-bank-guarantee-sets-aside-interim-injunction-order-passed-by-commercial-court-legal-researcg-legal-news-updates\/","og_site_name":"SCC Times","article_publisher":"https:\/\/www.facebook.com\/scc.online\/","article_published_time":"2022-12-23T10:30:52+00:00","article_modified_time":"2022-12-27T06:05:02+00:00","og_image":[{"width":390,"height":310,"url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/11\/MicrosoftTeams-image31.jpg","type":"image\/jpeg"}],"author":"Editor","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Editor","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.scconline.com\/blog\/post\/2022\/12\/23\/allahabad-high-court-reiterates-law-on-interdicting-unconditional-bank-guarantee-sets-aside-interim-injunction-order-passed-by-commercial-court-legal-researcg-legal-news-updates\/","url":"https:\/\/www.scconline.com\/blog\/post\/2022\/12\/23\/allahabad-high-court-reiterates-law-on-interdicting-unconditional-bank-guarantee-sets-aside-interim-injunction-order-passed-by-commercial-court-legal-researcg-legal-news-updates\/","name":"Allahabad High Court reiterates law on interdicting unconditional bank guarantee; Sets aside interim injunction order passed by Commercial Court | SCC Times","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2022\/12\/23\/allahabad-high-court-reiterates-law-on-interdicting-unconditional-bank-guarantee-sets-aside-interim-injunction-order-passed-by-commercial-court-legal-researcg-legal-news-updates\/#primaryimage"},"image":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2022\/12\/23\/allahabad-high-court-reiterates-law-on-interdicting-unconditional-bank-guarantee-sets-aside-interim-injunction-order-passed-by-commercial-court-legal-researcg-legal-news-updates\/#primaryimage"},"thumbnailUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/11\/MicrosoftTeams-image31.jpg","datePublished":"2022-12-23T10:30:52+00:00","dateModified":"2022-12-27T06:05:02+00:00","author":{"@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe"},"description":"In an appeal filed under Section 37 of the Arbitration and Conciliation Act, 1996 by the Uttar Pradesh Expressways Industrial Development","breadcrumb":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2022\/12\/23\/allahabad-high-court-reiterates-law-on-interdicting-unconditional-bank-guarantee-sets-aside-interim-injunction-order-passed-by-commercial-court-legal-researcg-legal-news-updates\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.scconline.com\/blog\/post\/2022\/12\/23\/allahabad-high-court-reiterates-law-on-interdicting-unconditional-bank-guarantee-sets-aside-interim-injunction-order-passed-by-commercial-court-legal-researcg-legal-news-updates\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/post\/2022\/12\/23\/allahabad-high-court-reiterates-law-on-interdicting-unconditional-bank-guarantee-sets-aside-interim-injunction-order-passed-by-commercial-court-legal-researcg-legal-news-updates\/#primaryimage","url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/11\/MicrosoftTeams-image31.jpg","contentUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/11\/MicrosoftTeams-image31.jpg","width":390,"height":310,"caption":"Allahabad High Court"},{"@type":"BreadcrumbList","@id":"https:\/\/www.scconline.com\/blog\/post\/2022\/12\/23\/allahabad-high-court-reiterates-law-on-interdicting-unconditional-bank-guarantee-sets-aside-interim-injunction-order-passed-by-commercial-court-legal-researcg-legal-news-updates\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.scconline.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Allahabad High Court reiterates law on interdicting unconditional bank guarantee; Sets aside interim injunction order passed by Commercial Court"}]},{"@type":"WebSite","@id":"https:\/\/www.scconline.com\/blog\/#website","url":"https:\/\/www.scconline.com\/blog\/","name":"SCC Times","description":"Bringing you the Best Analytical Legal News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.scconline.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe","name":"Editor","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g","caption":"Editor"},"url":"https:\/\/www.scconline.com\/blog\/post\/author\/editor_4\/"}]}},"jetpack_featured_media_url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/11\/MicrosoftTeams-image31.jpg","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":271819,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/08\/18\/extent-existence-and-expiry-of-interim-orders-a-judicial-enigma-part-ii\/","url_meta":{"origin":280309,"position":0},"title":"Extent, Existence and Expiry of Interim Orders &#8211; A Judicial Enigma Part &#8211; II","author":"Bhumika Indulia","date":"August 18, 2022","format":false,"excerpt":"by Siddharth R. Gupta\u2020 and Mayank Bansal\u2020\u2020 Cite as: 2022 SCC OnLine Blog Exp 62","rel":"","context":"In &quot;Experts Corner&quot;","block_context":{"text":"Experts Corner","link":"https:\/\/www.scconline.com\/blog\/post\/category\/experts_corner\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/08\/siddharth-r-gupta-14.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/08\/siddharth-r-gupta-14.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/08\/siddharth-r-gupta-14.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/08\/siddharth-r-gupta-14.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/08\/siddharth-r-gupta-14.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":280814,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/01\/02\/high-court-monthly-round-up-december-2022-100-legal-stories-including-u-p-ulb-elections-pil-against-koffee-with-karan-bail-to-journalist-siddique-kappan-right-to-be-forgotten-sexual-harass\/","url_meta":{"origin":280309,"position":1},"title":"[High Court Monthly Round Up] | December 2022 | 100 + Legal Stories including U.P ULB elections; PIL against Koffee with Karan; Bail to journalist Siddique Kappan; Right to be forgotten; Sexual harassment at workplace; Trade mark infringement cases and more","author":"Editor","date":"January 2, 2023","format":false,"excerpt":"A quick legal roundup to cover important stories from all High Courts in December 2022","rel":"","context":"In &quot;High Court Round Up&quot;","block_context":{"text":"High Court Round Up","link":"https:\/\/www.scconline.com\/blog\/post\/category\/columns-for-roundup\/high-court-round-up\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/01\/MicrosoftTeams-image-64.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":284135,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/02\/16\/court-cannot-interfere-with-enforcement-of-bank-guarantee-except-only-in-cases-where-fraud-or-special-equity-is-prima-facie-made-out-to-prevent-irretrievable-injustice-delhi-high-court-legal-researc\/","url_meta":{"origin":280309,"position":2},"title":"Court cannot interfere with the enforcement of a bank guarantee except cases where fraud or special equity is prima facie made out so as to prevent irretrievable injustice: Delhi High Court","author":"Editor","date":"February 16, 2023","format":false,"excerpt":"A Single Judge Bench of Chandra Dhari Singh, J. disposed of the petition and restrained from invoking\/encashing the bank guarantee.","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"Delhi High Court","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/12\/MicrosoftTeams-image-418.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":252087,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/07\/31\/encashment-of-bank-guarantee-2\/","url_meta":{"origin":280309,"position":3},"title":"SC | Is there a scope for interference in case of encashment of bank guarantee? Read on","author":"Bhumika Indulia","date":"July 31, 2021","format":false,"excerpt":"Supreme Court: The Division Bench of Sanjay Kishan Kaul and Hemant Gupta, JJ., while addressing the present matter, remarked that: Fate of a suit against encashment of bank guarantee still hangs in balance after almost two decades! Respondent 1 preferred an appeal before the Additional District Judge and the appellate\u2026","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/07\/MicrosoftTeams-image-13.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/07\/MicrosoftTeams-image-13.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/07\/MicrosoftTeams-image-13.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/07\/MicrosoftTeams-image-13.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/07\/MicrosoftTeams-image-13.png?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":367021,"url":"https:\/\/www.scconline.com\/blog\/post\/2025\/11\/18\/the-rare-case-of-special-equities-in-arbitration\/","url_meta":{"origin":280309,"position":4},"title":"The Rare Case of Special Equities in Arbitration","author":"Editor","date":"November 18, 2025","format":false,"excerpt":"by Sugandh Kochhar* and Sohini Mukerjee**","rel":"","context":"In &quot;Op Eds&quot;","block_context":{"text":"Op Eds","link":"https:\/\/www.scconline.com\/blog\/post\/category\/op-ed\/legal-analysis\/"},"img":{"alt_text":"Special Equities in Arbitration","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/11\/Special-Equities-in-Arbitration.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/11\/Special-Equities-in-Arbitration.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/11\/Special-Equities-in-Arbitration.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/11\/Special-Equities-in-Arbitration.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":275114,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/10\/06\/commercial-court-power-section-9-application-arbitration-conciliation-act-supreme-court-legal-research-updates-news\/","url_meta":{"origin":280309,"position":5},"title":"Explained| Commercial Court&#8217;s power while dealing with an application under Section 9 of the Arbitration and Conciliation Act, 1996","author":"Prachi Bhardwaj","date":"October 6, 2022","format":false,"excerpt":"Supreme Court: The bench of MR Shah* and Krishna Murari, JJ has explained the scope of powers of a Commercial Court while dealing with an\u00a0application\u00a0under\u00a0Section\u00a09\u00a0of\u00a0the\u00a0Arbitration and Conciliation Act, 1996 and has held that the order(s) which may be passed by the Commercial Court is basically and mainly by way of\u2026","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/10\/MicrosoftTeams-image-2-2.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/10\/MicrosoftTeams-image-2-2.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/10\/MicrosoftTeams-image-2-2.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/10\/MicrosoftTeams-image-2-2.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/10\/MicrosoftTeams-image-2-2.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/280309","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/67011"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=280309"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/280309\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/278729"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=280309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=280309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=280309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}