Supreme Court of India
M/s. N.N. Global Mercantile Pvt. Ltd. v. M/s. Indo Unique Flame Ltd. & Others
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From the headnote
Arbitration and Conciliation Act, 1996 – ss. 8, 11 an d 37 – Maharashtra Stamp Act, 1958 – ss. 30, 32A, 33, 34, 35, 36, 37, 41 and 58 – Commercial Courts Act, 2015 – s.13(1A) – R espondent no.1 furnished bank guarantee for Rs.29.29 crores i n favour of KPCL, in pursuance of the work order awarded to it by KPC L for work of washing of coal – Subsequently, respondent no.1 entered into a sub-contract/work order dated 28.09.2015 (wit h arbitration clause) with the appellant company for transportation of c oal from its washery – Appellant company also furnished bank guarant ee of Rs.3,36,00,000/-
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