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U.P. Co-Operative Federation Ltd vs Singh Consultants & Engineers (P) Ltd on 19 November, 1987

The Apex Court relied on the earlier judgment of the Apex Court in U.P. Cooperative Federation (supra), where the Apex Court held that the Bank is not concerned in the least with the relations between the supplier and the customer and nor with the question whether the supplier has performed his contractual obligations and is in default or not. The Bank must pay according to the tenor of its guarantee, on demand, without proof or condition.
Supreme Court of India Cites 11 - Cited by 469 - G L Oza - Full Document

Vinitec Electronics Private Limited vs Hcl Infosystems Limited on 2 November, 2007

In Vinitec Electronics Private Ltd. v. HCL Infosystems Ltd., (2008) 1 SCC 544, the Supreme Court after relying upon various earlier judgments of the Court reiterated that the allegation with regard to the alleged breach of a contract by the respondent is not a plea of fraud of a egregious nature so as to vitiate the entire transaction. Paragraphs 24 to 28 of the Judgment are quoted herein below:
Supreme Court of India Cites 4 - Cited by 170 - B S Reddy - Full Document
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