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Issue of Corporate Guarantee in lieu of Bid Bond Guarantee

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Full Text of the Document

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....rate Guarantee in lieu of Bid Bond Guarantee Attention of authorised dealers is invited to Regulation 5 of the Notification No.FEMA.8/2000-RB dated May 3, 2000 in terms of which a person other than authorised dealer is permitted to give a guarantee in certain types of cases. 2. Reserve Bank has issued Notification No. FEMA.56/2002-RB dated March 18, 2002 (copy enclosed) amending its Notification....

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