https://www.taxtmi.com/caselaws?id=304243 Interim protection was sought against encashment of specified bank guarantees after invocation letters were issued, with the plaintiff stating that no payment had yet been made. The court, while issuing summons and notice, granted an ex parte ad interim restraint preventing defendants from making payment under the bank guarantees until the next date of hearing. That protection was made conditional on the plaintiff taking all necessary steps to keep the guarantees alive, with costs reserved for further orders. en-us Mon, 27 Feb 2017 00:00:00 +0530 Thu, 15 Sep 2022 07:48:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304243 Interim protection was sought against encashment of specified bank guarantees after invocation letters were issued, with the plaintiff stating that no payment had yet been made. The court, while issuing summons and notice, granted an ex parte ad interim restraint preventing defendants from making payment under the bank guarantees until the next date of hearing. That protection was made conditional on the plaintiff taking all necessary steps to keep the guarantees alive, with costs reserved for further orders. Case-Laws Companies Law Mon, 27 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304243