Supreme Court Dismisses Nationalized Bank's Appeal Against Invocation of Bank Guarantee Due to Lack of Justifiable Grounds. Bank's Refusal to Honor Guarantee Found Unjustified as Invocation Occurred Within Validity Period....
The case involved an appeal by a nationalized bank against a judgment of the High Court regarding the invocation of a bank guarantee. The High Court had ruled that the invocation was valid as it occur...




