https://www.taxtmi.com/caselaws?id=104944 Mere delay by a bank in remitting payment under an unconditional bank guarantee does not, by itself, amount to deficiency in service under the Consumer Protection Act, 1986, absent proof of fault, negligence, or compensable loss. The guarantee is treated as an independent contract, and payment obligations arise on invocation, subject to the facts showing no breach in discharge of contractual or statutory duties. Territorial jurisdiction of a State Commission is governed on the same basic principles as section 11(2), turning on where the opposite party carries on business, has a relevant branch, or where the cause of action arises. On the facts, the relevant acts occurred at Saharanpur, not Delhi. en-us Thu, 23 Sep 1999 00:00:00 +0530 Sat, 31 Aug 2013 14:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104944 Mere delay by a bank in remitting payment under an unconditional bank guarantee does not, by itself, amount to deficiency in service under the Consumer Protection Act, 1986, absent proof of fault, negligence, or compensable loss. The guarantee is treated as an independent contract, and payment obligations arise on invocation, subject to the facts showing no breach in discharge of contractual or statutory duties. Territorial jurisdiction of a State Commission is governed on the same basic principles as section 11(2), turning on where the opposite party carries on business, has a relevant branch, or where the cause of action arises. On the facts, the relevant acts occurred at Saharanpur, not Delhi. Case-Laws Companies Law Thu, 23 Sep 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104944