Reviewed case brief
UP Cooperative Federation Ltd v. Singh Consultants & Engineers Pvt Ltd
(1988) 1 SCC 174
The Supreme Court confirmed the autonomy of bank guarantees, holding that the bank must honour its commitment upon invocation regardless of disputes in the underlying contract between the customer and beneficiary.
- Court
- Supreme Court of India
- Year
- 1988
- Subjects
- Law of Contract I
- Reviewed
- 2026-06-29
Rule established
Bank guarantees are autonomous instruments; bank must pay on invocation regardless of underlying disputes
Facts
Issues
Held
Ratio decidendi
How to use it in an exam
Editorial source
SCC Online
Educational summary only. Read the reported judgment or an authorised law report before relying on the case professionally.