Robust Hotels(P) Ltd.& Ors vs E.I.H Limited & Ors

The Supreme Court examined the enforceability of a Letter of Guarantee issued by Balaji Industrial Corporation Ltd. in favor of EIH Ltd. under the Technical Services Agreement and subsequent agreements. The Court held that the guarantee was irrevocable and binding, emphasizing that the obligation to repay the amount of Rs. 15.12 Crores along with interest was clear and enforceable. The judgment of the High Court was upheld, affirming the rights of EIH to claim the amount due under the agreements.