Delhi HC Grants Interim Relief to Shapoorji Pallonji & Company Pvt. Ltd. Against CPWD’s Bank Guarantee Extension Demands

The Delhi High Court has granted an ad interim relief to Shapoorji Pallonji And Company Private Limited in a petition under Section 9 of the Arbitration and Conciliation Act, 1996, staying the operation of letters issued by the Union of India through CPWD seeking extension and revalidation of bank guarantees despite an arbitral award directing … Continue reading Delhi HC Grants Interim Relief to Shapoorji Pallonji & Company Pvt. Ltd. Against CPWD’s Bank Guarantee Extension Demands