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Courts to avoid interfering with invocation of bank guarantee except in cases of fraud or irretrievable injustice: SC [Read Judgment]
Judiciary
Courts to avoid interfering with invocation of bank guarantee except in cases of fraud or irretrievable injustice: SC [Read Judgment]

SC: Courts must not interfere with bank guarantees unless there’s fraud or irretrievable injustice; arbitration to decide current JSPL-Bansal Infra dispute.

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Merely stating person's departure will 'affect country's economic interests' insufficient for LOC: Delhi HC [Read Judgment] Judiciary
Merely stating person's departure will 'affect country's economic interests' insufficient for LOC: Delhi HC [Read Judgment]

Merely 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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