City Civil court reinstated essentials of invocation of BankĀ Guarantee

NDB Law has achieved a favourable order in a Commercial Summary Suit that testament to our team’s expertise and dedication, wherein the proposition laid down by cetane of Supreme Court Judgements was upheld that encashment of Bank Guarantee can be granted only in two exceptional cases i.e., there should be good prima-facie case of fraud and special equities in the form preventing irretrievable justice between the parties and when none of the above is pleaded, no injunctionĀ canĀ beĀ granted.

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