About this document

Injunction Against Bank Guarantee Invocation by Jaspreet Chandi is a document available to read on EtoBox.

1) The court observed that the petitioner did not make a sufficient case for alleging fraud or irretrievable injustice from invoking the bank guarantees, as is required by precedent for an injunction. 2) Precedent has established that courts should be slow to grant injunctions against unconditional bank guarantees, as their purpose would be defeated. 3) For an injunction, the petitioner must allege fraud of an egregious nature that vitiates the entire transaction, not simply a dispute regarding contractual

Author

Jaspreet Chandi

Language

EN