BHARAT INSULATION COMPANY (INDIA) LTD. (FORMERLY JYOTI WIRE INDUSTRIES LTD) vs CANARA BANK AND ANR. — CAF/3094/2018

Case under Indian Contract Act 1872. Next hearing: 09th April 2026.

Next hearing 09-Apr-2026

CNR: HCBM010313042018

Filing Number

CAF/19829/2018

Filing Date

11-Jul-2018

Registration No

CAF/3094/2018

Registration Date

29-Aug-2018

Judge

Hon'ble Shri Justice Jitendra Shantilal Jain

Coram

Hon'ble Shri Justice Jitendra Shantilal Jain

Bench Type

Single

Category

ORDINARY CIVIL ( 30 )

Sub-Category

ORDINARY CIVIL ( 11 )

Judicial Branch

Civil

Last updated 05-Apr-2026

Acts & Sections

Indian Contract Act 1872

Petitioner(s)

  1. 1.BHARAT INSULATION COMPANY (INDIA) LTD. (FORMERLY JYOTI WIRE INDUSTRIES LTD)

    Adv. MADEKAR AND COMPANY

Respondent(s)

  1. 1.CANARA BANK AND ANR.

  2. 2.MMTC LTD.,

Case History

  1. 09-Apr-2026

    Next hearingPending

  2. 09-Apr-2026

    For Circulation

    Hon'ble Shri Justice Jitendra Shantilal Jain

  3. 24-Mar-2026

    Hon'ble Shri Justice Jitendra Shantilal JainView PDF

    Summary: The Bombay High Court adjourned First Appeal No. 930 of 2018 involving Bharat Insulation Company vs. Canara Bank concerning four letters of credit worth Rs. 5.23 lakhs. Rather than decide the substantive issues (whether exchange rate differences apply to INR-priced goods and whether demands can be made post-expiry), the Court encouraged the parties to settle the three-decade-old dispute amicably and listed the matter for 9th April 2026. This case analysis is maintained by casestatus.in based on publicly available court records.

  4. 27-Feb-2026

    -Admission

    Hon'ble Shri Justice Jitendra Shantilal Jain

  5. 06-Feb-2026

    -Admission

    Hon'ble Shri Justice Jitendra Shantilal Jain

  6. 01-Oct-2020

    First hearing

    Initial hearing scheduled

  7. 11-Jul-2018

    Case filed

    Registration No. CAF/3094/2018

casestatus.in Summary

Summary: The Bombay High Court adjourned First Appeal No. 930 of 2018 involving Bharat Insulation Company vs. Canara Bank concerning four letters of credit worth Rs. 5.23 lakhs. Rather than decide the substantive issues (whether exchange rate differences apply to INR-priced goods and whether demands can be made post-expiry), the Court encouraged the parties to settle the three-decade-old dispute amicably and listed the matter for 9th April 2026. This case analysis is maintained by casestatus.in based on publicly available court records.

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