Madras High Court Allows Bank's Appeal in Bank Guarantee Invocation Dispute — No Fraud or Irretrievable Injustice Established. Bank Guarantee Cannot Be Restrained Except in Cases of Fraud or Irretrievable Injustice Under Contract Law Principles....
The second defendant bank (Canara Bank) filed a second appeal against the judgment and decree of the first appellate court, which had directed the bank to repay the amount of Rs.3,87,000/- with intere...




