GUJARAT AGRO INDUSTRIES CORPN. LTD. vs RAVLA SIMA AGRO ENTERPRISES .

The Supreme Court disposed of the appeals concerning a bank guarantee of Rs. 10 lakhs encashed by the appellants and a decree for Rs. 26 lakhs obtained against the respondent. The Court noted the lack of communication from the appellant-Corporation's counsel and accepted the correctness of the respondent's additional affidavit. The questions of law raised by the appellants were left open, allowing the appellant-Corporation to execute the decree if permissible under law.