LAWS(DLH)-2021-3-171

STATE BANK OF INDIA Vs. LUCKY EXPORTS

Decided On March 22, 2021
STATE BANK OF INDIA Appellant
V/S
Lucky Exports Respondents

JUDGEMENT

(1.) Cm No.11464/2021 (for exemption) : Allowed, subject to just exceptions and as per extant rules.

(2.) The application is disposed of. FAO (COMM) No.78/2021 & CM No.11463/2021 (for stay)

(3.) The appeal impugns the order dated 2nd March, 2020 of the Commercial Court, allowing the application of the respondent No. 1/plaintiff under Order XXXIX Rules 1 & 2 of the Code of Civil Procedure, 1908 (CPC) and injuncting encashment of bank guarantee.