Gujarat Agro Industries Corpn. Ltd vs Ravla Sima Agro Enterprises & Ors

The Supreme Court disposed of Criminal Appeal Nos. 132-134 of 2004, noting that the respondent had encashed a bank guarantee of Rs. 10 lakhs and a decree for Rs. 26 lakhs had been obtained by the appellant. The Court acknowledged the inability of the appellant's counsel to contact their clients and accepted the correctness of the respondent's affidavit. The Court left the legal questions raised by the appellants open, allowing the appellant-Corporation to execute the decree if permissible under law.