Supreme Court of India
Yograj Infras. Ltd. v. Ssang Yong Eng. & Constrn. Co. Ltd. & Anr.
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
From the headnote
BANK GUARANTEE: c Construction contract - Dispute between parties- Invocation of bank guarantees - Held: Since the petitioner's application uls 9 of Arbitration and Conciliation Act to restrain the respondent from invoking the bank guarantees was based mainly on a/legations of fraud, whicf] have been rejected, and 0 further the partial award has been made by arbitral tribunal, which has not been questioned by the petitioner, the plea relating to special equities, cannot be accepted - Arbitration and Conciliation Act, 1996-s.9. Pursuant to a construction contract, the petitioner furnished Bank
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