Recovery of dues - renewal of bank guarantee furnished earlier ...

Bank Guarantee Automatically Renews for Three Years Without Formal Format; Recovery of Dues Case Continues.

October 30, 2013

Case Laws Income Tax HC

Recovery of dues - renewal of bank guarantee furnished earlier during the proceedings - Perusal of the aforesaid bank guarantee reveals that renewal does not require any formal format, as the clauses reproduced above clearly envisage an automatic renewal for a period of three years - HC

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Recovery of dues - renewal of bank guarantee furnished earlier ...

Bank Guarantee Automatically Renews for Three Years Without Formal Format; Recovery of Dues Case Continues.

October 30, 2013

Case Laws Income Tax HC

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