Supreme Court: Expecting a Minor to Respond to a Public Court Notice is ‘Perverse’ || SC: Order 23 Rule 1 CPC Applies to S. 11 Arbitration Act, Barring Fresh Arbiration After Abandonment || SC: Later Sanction Requirement Won’t Invalidate Cognizance Taken When No Prior Bar Existed || SC: Documents Not Admitted by an Employee in an Enquiry Must be Proved Through Witnesses || Delhi HC: MHA Has Authority to Initiate Disciplinary Proceedings Against AGMUT IAS Officers || MP HC: Financial Hardship or Mere Allegations of Lawyer’s Negligence Cannot Excuse Delayed Appeal || Patna HC: Blanket Approach of Denying Public Employment to Individuals Named in an FIR is Unfair || Kerala HC: Repeated Possession of Even Small Quantities of Narcotic Drugs Can Invoke KAAPA || Calcutta HC: Employers May Deduct Penal Rent From Gratuity of Employees Refusing to Vacate Quarters || Calcutta High Court: ECI Not Singling Out Bengal, More Transfers in Other Poll-Bound States

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