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BANK GUARANTEE ENCASHMENT
DoT seeks Trai clarity on bank guarantee encashmentThe communications ministry seeks clarity from the telecom regulator on which licence clauses can be invoked to encash telcos' bank guarant...- Delhi HC restrains IOCL from invoking bank guarantee furnished by Punj Lloyd“…till the expiry of the period of one week from the lifting of the lockdown, imposed by the central government consequent to an n-Covid-20...
- PNGRB cancels GAIL’s license to build Surat-Paradip natural gas pipelinePNGRB penalised GAIL in September 2015 by ordering encashing of a quarter of its Rs 20 crore performance bank guarantee after it failed to ...
- Hindustan Powerprojects, Lanco in dispute over bank guaranteesLanco has written to nine banks urging them not to allow encashment of bank guarantees it had submitted as the contractor for a Hindustan P...
- Oil regulator orders encashing bank guarantee of GAILGAIL was on April 25, 2012 granted authorisation to lay a 1,724-km natural gas pipeline from Surat in Gujarat to Paradip in Odisha.
- Chopper deal: Agusta Westland withdraws plea in Delhi High CourtItalian firm Agusta Westland today withdrew its lawsuit from the Delhi High Court filed against India's decision to encash over Rs 250 cror...
- Chopper scam: Recovering money paid to AgustaWestland looks difficultThe two CJIs appeared to ignore settled positions laid down by the Supreme Court and gave opinions that these bank guarantees could not be ...
- India to appeal against Italian court order in AgustaWestland scamIndia has already encashed bank guarantees of around Rs 240 crore deposited in banks in India but it is yet to recover the bank guarantees ...
- Row over coal blocks: Delhi HC stays encashment of bank guaranteeThe Delhi High Court asked their bankers not to "transmit" the bank guarantee amount to the Coal Ministry which has sought to encash them.
- Examining issue of blacklisting AgustaWestland: Defence Minister A K AntonyAfter scrapping AgustaWestland's Rs 3,600 crore deal, the Defence Ministry said it will take a decision on the issue of blacklisting them.
- Chopper deal: India encashes on bank guarantee of AgustaWestlandThe recovery took place even as an Italian court stayed India's move to encash bank guarantee of around Rs 2000 crore.
- Chopper deal: Process started to encash bank guaranteeDefence Ministry has set in motion the process of encashing the bank guarantee of around Rs 1700 crore furnished by the Anglo-Italian firm.
- DMRC encashes bank guarantee given by DAMEPLAfter taking over the operations of the Airport Metro line, DMRC has encashed the bank guarantee of nearly Rs 55 crore deposited by Relianc...
- Give time to Loop Telecom to clear dues: TDSAT to BSNLTDSAT has directed BSNL to give at least a week's time to Loop Telecom to clear dues before encashing its bank guarantee.
- Emmar MGF moves HC division bench on DDA bank guaranteeReal estate giant Emaar MGF today challenged a single judge's dismissal of its plea for restraining Delhi Development Authority from encash...
- HC dismisses Emaar MGF plea against bank guarantee encashmentThe Delhi High Court dismissed real estate giant Emaar MGF's plea for restraining DDA from encashing its bank guarantee worth Rs 183 crore ...
- Fin Min intervention sought to encash Rs 93 cr from Emaar MGFThe Urban Development Ministry has also asked the DDA to seek the presence of concerned authorities of the bank in the court.
- IOC encashes Rs 50 cr bank guaranteeState-run Indian Oil Corp (IOC) has encashed a Rs 50 crore bank guarantee after a cheque issued by Kingfisher Airlines towards fuel dues bo...
- AAI plans to encash KF's bank guaranteeThe Airports Authority of India (AAI) is planning to encash the Kinfisher Airlines' bank guarantee worth Rs 60-70 crore unless the airline ...
- Bank guarantees, LoCs are absoluteIn a significant ruling, the Supreme Court has laid down guidelines for encashment of bank guarantee or letter of credit.
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