M/S.INTERNATIONAL E.&P. CONSULTANTS LTD vs ASEA BROWN BOVERI LTD. . — C.A. No. 1264/2001

Case Summary: C.A. No. 001264 / 2001 International Engineers and Project Consultants Ltd. appealed against Delhi High Court's dismissal of their injunction plea seeking to restrain Asea Brown Boveri Ltd. from encashing a bank guarantee dated July 14, 1997. The Supreme Court found the appeal infructuous as the bank guarantee had already been encashed by respondents, and dismissed the appeal with no order on costs, while directing the High Court to dispose of the pending suit within one year. This case analysis is maintained by casestatus.in based on publicly available court records.