Supreme Court of India
United India Insurance Co. Ltd vs M/S. Riga Sugar Co. Ltd on 27 October, 2009
Bench: Asok Kumar Ganguly, Markandey Katju
IN THE SUPREME COURT OF INDIA
CIVIL APPELLATE JURISDICTION
CIVIL APPEAL NO. 7493 OF 2004
UNITED INDIA INSURANCE CO. LTD. ..... APPELLANT
VERSUS
M/S RIGA SUGAR CO. LTD. ..... RESPONDENT
O R D E R
Heard the learned counsel for the parties. We find no merit in this appeal which is, accordingly, dismissed. As a result, the bank guarantee/security shall stand discharged.
No costs.
...................J [MARKANDEY KATJU] ...................J [ASOK KUMAR GANGULY] NEW DELHI OCTOBER 27, 2009.