Can I read Bank Guarantee for Security Deposit Replacement on EtoBox?

Bank Guarantee for Security Deposit Replacement by lenkapradipta2011 is a document available to read on EtoBox.

What is Bank Guarantee for Security Deposit Replacement about?

1. The bank has issued an irrevocable bank guarantee for Rs. 1.35 crore to replace a security deposit held in cash for a contract between MCL and Shree Balaji Engicons Limited. 2. The bank guarantees to pay RITES Ltd., who is representing MCL, any amount up to Rs. 1.35 crore demanded to meet payments due from the contractor. 3. The bank guarantee will remain valid until January 31, 2025 unless further extended, and the bank will honor claims made on or before July 31, 2025.

Author

lenkapradipta2011

Language

EN