1994 (11) TMI 136

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..... - Bank guarantee - 5974 of 1994 - - - Dated:- 14-11-1994 - B.P. Jeevan Reddy and S.C. Sen, JJ. [Order]. - It is stated by Mr. F.s. Nariman, learned senior counsel for the appellant that towa .....

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..... ntly under BIFR and has just now been released and still is in the process of recovery the following order is made : The respondent shall encash the bank guarantees to the extent of half the duty du .....

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