Allahabad HC: Police Report in Non-Cognizable Offence is a Complaint; Accused Must Be Heard First || Kerala HC: Hospitals Must Display Rates and Cannot Deny Emergency Care For Lack of Advance Payment || Orissa HC: Convict’s Refusal to Appeal Through Legal Aid Must be Recorded in Writing || SC Halts Deer Translocation From Delhi’s AN Jha Park And Orders a Probe into DDA Negligence || Supreme Court: The Growing Trend of Succeeding Benches Overturning Earlier Judgments is Troubling || SC: Administrative Orders Must be Based on Stated Reasons and Cannot Add New Grounds Later || HP HC: Mixing Contraband Pouches Before Sampling Raises Serious Doubts About Accused's Possession || Bombay HC: Drug Names Using International Non-Proprietary Names Cannot be Monopolized || Delhi High Court: Assets From Illegal Cricket Betting are Proceeds of Crime Attachable by ED || Delhi HC: Extension to Issue SCN U/S 110 of The Customs Act Must be Granted Before Six Months Expire

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