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The Board of Trustees of the Port of Kolkata Vs. Louis Dreyfus Armatures SAS & Ors. – Calcutta High Court Arbitration-High Court
M/s Singla Realters Ltd. Vs. Municipal Board Parishad & others – Uttarakhand High Court Arbitration-High Court
IVRCL Ltd. Vs. Gujarat State Petroleum Corporation Ltd. & 1 – Gujarat High Court Arbitration-High Court
Swift Initiative Pvt. Ltd. Vs. Dilip Chhabria Design Pvt. Ltd. – Delhi High Court Arbitration-High Court
Indore Development Authority Vs. Arbitral Tribunal – Madhya Pradesh High Court Arbitration-High Court
If the composite decree is a decree which is both a personal decree as well as a mortgage decree, without any limitation on its execution, the decree-holder, in principle, cannot be forced to first exhaust the remedy by way of execution of the mortgage decree alone and told that only if the amount recovered is insufficient, he can be permitted to take recourse to the execution of the personal decree-State Bank Of India Vs. Indexport Registered And Ors -SC Indian Contract Act-Case Laws
Guarantor cannot but be stated to be a strict liability & even if the principal debtor is discharged from his liability unless such discharge is through the act of the creditor without consent of the surety/guarantor, the creditor’s right of action against the surety is preserved-Industrial Finance Corporation Of India Ltd. Vs. Thletdc.An&Naonrosr.E Spinning & Weaving Mills -Supreme Court Case Laws-SARFAESI-Supreme Court, IBC-Case Laws-Supreme Court, Indian Contract Act-Case Laws
Liability of Guarantor and Principle Debtor/ Borrower is co-extensive and not in alternative – Industrial Investment Bank of India Ltd. Vs. Bishwanath Jhunjhunwala – Supreme Court Case Laws-SARFAESI-Supreme Court, IBC-Case Laws-Supreme Court, Indian Contract Act-Case Laws