Tag Archives: counter

Issuance of bank guarantee will not confer territorial jurisdiction on court: DHC

The Delhi High Court recently reiterated that merely issuance of bank guarantee within the territory of a court will not confer territorial jurisdiction on the court when the guarantee itself vests jurisdiction in courts outside India. The Court said, “…….it … Continue reading

Posted in Arbitration Conciliation Law, Banking Law, Company Law, Contract Law, General Law, International Law, WTO/GATT | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Private Hospitals to provide free treatment to acid attack victims: SC

The Supreme Court of India has directed private hospitals to provide full treatment to victims of acid attack and action may be taken against the hospitals or clinics that refuse to do so. “The State Governments/Union Territories should seriously discuss … Continue reading

Posted in Administrative Law, Criminal Law, Evidence Law, General Law, Notifications/Publications/Circulars | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Guarantee on Behalf of NRI Investments

Reserve Bank of India (RBI) has informed that in order to provide operational flexibility and ease the procedures, it has been decided to permit Authorised Dealer (AD) Category-I banks to issue bank guarantee, without prior approval of the RBI, on … Continue reading

Posted in Banking Law, Company Law, Contract Law, Income Tax Law, International Law, Notifications/Publications/Circulars | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment