Issue of guarantee

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Querist : Anonymous

Querist : Anonymous (Querist)

12 May 2011 Can an Indian company issue guarantees on behalf of a subsidiary of a subsidiary of a group company in India? This group company is a subsidiary of a foreign company located in India?

U S Sharma

U S Sharma (Expert)
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16 May 2011 interpretate the relation between the guarantee issuer and the company on which behalf the guarantee is issued, in absence of such facts no comments can emerge.

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