Bank Guarantee - Renewal/Closure of Bank Guarantee entered in EDI System - Procedure

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....f all the Officers/Staff of J.N.C.H. is invited to Standing Order No. 31/2007, dated 24.07.2007 in which a new Bank Guarantee Cell was created and as per para 6.1, Bank Guarantee Cell is required to generate a list of all Bank Guarantees from the EDI which will be expiring in the second subsequent month and circulate it to Gr. A.C./D.C. who will then take action to enforce the Bank Guarantee or to....

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....stem by closure of Bond and Bank Guarantee by the Group in the EDI System. It has been found that Bank Guarantee cell is generating the monthly report of expiring Bank Guarantee from the data maintained on a personal Computer and not from the EDI System. It is directed that the report should be generated through the EDI System and compared with the report generated by the Bank Guarantee Cell on t....