Court Halts Bank Guarantee Invocation for 3 Months, Allows Petitioner Time to Appeal for Statutory Remedy.
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....Invocation of Bank guarantee by respondents before prosecuting the appeal by petitioner - petitioner's case is that if the respondents invoke the bank guarantee, the petitioner's right to statutory remedy becomes illusory - Revenue directed to not to invoke the bank guarantee for three months.....
TaxTMI