Is invocation of the Bank Guarantee during the claim period valid invocation and binding on the Bank?


Last updated: 21 May 2021

Court :
Kerala High court

Brief :
The petitioner�Cochin Port Trust is aggrieved by the refusal of the 1st respondent to encash Bank Guarantee and transfer the same to the petitioner. The petitioner also seeks to declare that invocation of the Bank Guarantee during the claim period is valid invocation and binding on the Bank.

Citation :
WP(C)/22760/2019

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