SC: DRT Auction Sale Valid Despite Failure to Serve Order XXI Rule 22 Notice || SC: Legal Representatives Entitled to Motor Accident Compensation without Financial Dependency || SC: Re-Employed Officers May be Classified Differently from Regular Officers || Supreme Court Questions Union's Opposition to Global Food Package Labelling Norms || SC: S.42 NDPS Act Compliance Need Not be Absolute When Immediate Seizure is Required || SC Clarifies Whether Tenancy Ends after Landlord-Tenant Execute Agreement to Sell || SC Levies Rs. 10 Lakh Cost on Reliance Industries for Hindering 20-Year-Old NTPC Suit || P&H HC: Authorities Obligated to Act if Protests Escalate into Violence || Allahabad HC: Allottee Aware of Reduced Lease Area Not Entitled to Full Zero-Period Benefit || Delhi HC: 2015 Commercial Courts Act Applicable to Suits Instituted Before its Enactment

Search Results for Tag : 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

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