Akshat Shukla

Akshat Shukla
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Recent Post by Akshat Shukla

Encashment of an unconditional and irrevocable bank guarantee cannot be injuncted except in cases of fraud of egregious nature, irretrievable injury, or special equities. Financial distress is not equal to irretrievable injury.

Suzlon Energy Limited v. Zemira Renewable Energy Limited Court: Delhi High Court | Case Number: OMP (I) COMM 340 of 2019 and connected matters | Citation: Not currently available | Judge: Jyoti Singh J| Date: | Available at:, https://indiankanoon.org/doc/5158046/   A. INVOCATION OF BANK GUARANTEE AND APPLICATION TO RESTRAIN ENCASHMENT

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