https://www.taxtmi.com/caselaws?id=208307 The High Court emphasized the importance of adhering to guidelines and court judgments in encashing bank guarantees. The respondents were warned that failure to follow guidelines and court judgments would result in serious consequences, with the officer encashing the guarantee being held personally liable for breaching the order and circular. The judgment highlighted the need for compliance and issued a stern warning to ensure future adherence to prescribed procedures. en-us Thu, 12 Nov 2009 00:00:00 +0530 Thu, 05 Jan 2012 14:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208307 The High Court emphasized the importance of adhering to guidelines and court judgments in encashing bank guarantees. The respondents were warned that failure to follow guidelines and court judgments would result in serious consequences, with the officer encashing the guarantee being held personally liable for breaching the order and circular. The judgment highlighted the need for compliance and issued a stern warning to ensure future adherence to prescribed procedures. Case-Laws Central Excise Thu, 12 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208307