Bombay High Court Allows Writ Petition for Enforcement of Continuing Guarantee Against State Government — Limitation Bar Rejected as Guarantee Subsists Until Full Payment. Continuing Guarantee Clause 6 of Deed Dated 5th June 1982 Remains Operative Until All Moneys Paid, Hence Claim Not Barred by Limitation.
1 Feb 2005The petitioner, Maharashtra State Co-op. Bank Ltd., stood as guarantor for a loan advanced to Swami Vivekanand Kaku Tel Sahakari Karkhana Limited. The...




