Court Verdict: L&T's Appeal Dismissed in Bengaluru Rail Project Case
A court denied an L&T plea seeking interim protection against K-RIDE's bank guarantee invocation in the Bengaluru Suburban Rail Project. Though granting temporary relief for L&T to approach arbitration, the court noted no convenience balance in L&T's favor due to the unconditional bank guarantees.
- Country:
- India
The court has ruled against L&T in a crucial legal battle concerning the Bengaluru Suburban Rail Project, denying their request for interim protection against the invocation of bank guarantees by K-RIDE.
In a detailed order dated January 5, 2026, the Additional City Civil and Sessions Judge, C D Karoshi, dismissed the main application under the Arbitration and Conciliation Act, acknowledging K-RIDE's request to lift the current injunction.
The court emphasized the unconditional nature of the bank guarantees and the efficacy of arbitration avenues available to L&T, siding with K-RIDE to resume their project without further legal entanglements.
(With inputs from agencies.)
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