Tag: Renewal of Bank Guarantee during Pending Dispute.
July 1, 2021
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
DELHI HIGH COURT’S PRACTICE DIRECTIONS ON RENEWAL OF BA...
Section 126 of the Indian Contract Act, 1872 , states that guarantee means a contract to perform the promise or discharge the liability of a third person, in case of their default. Bank Guarantee is therefore a guarantee provide by a lending institution, wherein the debt by a debtor is covered by a Bank. ......











