https://www.taxtmi.com/caselaws?id=776327 The HC dismissed the petition seeking enforcement of a bank guarantee nearly seven years after its expiry and renewal period. The petitioner failed to lodge any claim within the validity period, rendering the belated enforcement attempt invalid. The court held that the guarantee clauses, read in full, do not support a continuing guarantee beyond the stipulated period. The petition was found meritless, and no writ petition is ordinarily entertained for such delayed enforcement. en-us Wed, 06 Aug 2025 00:00:00 +0530 Fri, 08 Aug 2025 05:20:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776327 The HC dismissed the petition seeking enforcement of a bank guarantee nearly seven years after its expiry and renewal period. The petitioner failed to lodge any claim within the validity period, rendering the belated enforcement attempt invalid. The court held that the guarantee clauses, read in full, do not support a continuing guarantee beyond the stipulated period. The petition was found meritless, and no writ petition is ordinarily entertained for such delayed enforcement. Case-Laws Customs Wed, 06 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776327