Madras High Court Upholds Appointment of District Judges as Tamil Nadu Lokayukta Secretary || Allahabad High Court: IO’s Mere Apprehension Cannot Justify Withholding Seized Items || Patna High Court: Mere Sight of Spouse in Compromising Position doesn't Prove Adultery || Sikkim High Court: POCSO Case not Quashed on Settlement after Survivor Turns Major || Chhattisgarh High Court: Backward Classes Commission Cannot Decide Private Commercial Disputes || SC: Futures & Options Investors Cannot Recover Trading Losses From Professional Clearing Members || Supreme Court: NCTE Executive Committee Can Seek Annual Reports From Teacher Education Institutes || SC: S.362 CrPC Cannot Limit HC’s Inherent Power to Recall Judgment Causing Miscarriage of Justice || Supreme Court Upholds RBI’s Power to Supersede Multi-State Co-op Bank Boards Beyond Six Months || Supreme Court: Retaining Victim in a Specific Role Cannot Reduce Functional Disability

Search Results for Tag : Bank Guarantees

News

Delhi HC Stays Bank Guarantees' Invocation(21.04.2020)

Delhi High Court has passed an interim order restraining the invocation of bank guarantees, observing that the lockdown was prima facie in the nature .....

Tags : Delhi High Court, Bank Guarantees

International Cases

Once a guarantee is valid on the face of it, the contractual obligation of the bank is to pay the nominated beneficiary, if the conditions are met(30.12.2022)

In present case, the High Court dismissed the application brought by the liquidators of the Appellant, Cape Concentrate (Pty) Ltd. to set aside, as a .....

Tags : Payment, Demand, Bank guarantees