https://www.taxtmi.com/caselaws?id=395260 The court granted the Resolution Professional's request for limited relief against the encashment of bank guarantees by IOCL during the n-COVID-2019 pandemic crisis. The court allowed a temporary injunction preventing IOCL from encashing the bank guarantees until one week after the lockdown restrictions were lifted. This decision did not determine the merits of the case but aimed to provide temporary relief to the petitioner due to the exceptional circumstances faced during the pandemic. en-us Fri, 17 Apr 2020 00:00:00 +0530 Thu, 14 May 2020 10:13:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395260 The court granted the Resolution Professional's request for limited relief against the encashment of bank guarantees by IOCL during the n-COVID-2019 pandemic crisis. The court allowed a temporary injunction preventing IOCL from encashing the bank guarantees until one week after the lockdown restrictions were lifted. This decision did not determine the merits of the case but aimed to provide temporary relief to the petitioner due to the exceptional circumstances faced during the pandemic. Case-Laws Companies Law Fri, 17 Apr 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395260