https://www.taxtmi.com/caselaws?id=393914 The Tribunal dismissed the application seeking to restrain the liquidator from invoking the bank guarantee, as no evidence of fraud or irreparable harm was presented. The Tribunal emphasized that disputes over contract performance require detailed consideration and cannot justify blocking an unconditional bank guarantee. Therefore, the application was dismissed, and any interim orders were vacated. en-us Thu, 05 Mar 2020 00:00:00 +0530 Wed, 25 Mar 2020 11:47:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393914 The Tribunal dismissed the application seeking to restrain the liquidator from invoking the bank guarantee, as no evidence of fraud or irreparable harm was presented. The Tribunal emphasized that disputes over contract performance require detailed consideration and cannot justify blocking an unconditional bank guarantee. Therefore, the application was dismissed, and any interim orders were vacated. Case-Laws Insolvency and Bankruptcy Thu, 05 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393914