SC: Courts must not interfere with bank guarantees unless there’s fraud or irretrievable injustice; arbitration to decide current JSPL-Bansal Infra dispute.
Read Full ArticleMerely using the phrase that departure of a person will affect the economic interests of the country alone is not sufficient to sustain an LOC, the Delhi High Court has held while hearing a person's challenge to a Look Out Circular issued against him. What is the relation between 'country's economic interests' & Look Out Circular? Find out here.
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