https://www.taxtmi.com/caselaws?id=191048 The appeal involved issues of injunction against invoking bank guarantees, fraudulent invocation, expiry date concerns, and non-invocation of a performance guarantee. The Court allowed the appeal partially, granting an injunction against invoking a specific bank guarantee while affirming the lower court's decision on other guarantees. The Court emphasized the importance of established fraud and irretrievable injustice for interference with bank guarantees, citing relevant precedents. The judgment highlighted the timely and justified invocation of certain guarantees based on ongoing arbitration disputes and compliance with guarantee terms. en-us Wed, 13 Sep 1995 00:00:00 +0530 Sat, 18 Mar 2017 13:12:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191048 The appeal involved issues of injunction against invoking bank guarantees, fraudulent invocation, expiry date concerns, and non-invocation of a performance guarantee. The Court allowed the appeal partially, granting an injunction against invoking a specific bank guarantee while affirming the lower court's decision on other guarantees. The Court emphasized the importance of established fraud and irretrievable injustice for interference with bank guarantees, citing relevant precedents. The judgment highlighted the timely and justified invocation of certain guarantees based on ongoing arbitration disputes and compliance with guarantee terms. Case-Laws Indian Laws Wed, 13 Sep 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191048