India: The Delhi High Court Clarifies: Not Mandatory For A Bank Guarantee To Have A Claim Period Of 12 Months - Obhan & Associates

India: The Delhi High Court Clarifies: Not Mandatory For A Bank Guarantee To Have A Claim Period Of 12 Months - Obhan & Associates

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The Delhi High Court in the case of Larsen & Toubro Limited vs. Punjab National Bank1 recently pronounced an important judgement clarifying the duration of a claim period in a bank guarantee....

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