Bank Guarantee – Injunction can be granted in case of fraud, irretrievable harm or injustice
Bank Guarantee - ““The law relating to invocation of such bank guarantees is by now well settled. When in the ...
Tag: Bank Guarantee – Fraud
Injunction – Bank guarantee – Second exception to the rule – there would be no possibility whatsoever of the recovery of the amount from the beneficiary
Injunction – Interlocutory injunction - Bank guarantee - Second exception to the rule of granting injunction, i.e, the resulting of ...
Injunction – Bank Guarantee – Invocation – Court ought not to have issued an injunction which had the effect of restraining the Bank from fulfilling its contractual obligation in terms of the bank guarantee
Injunction – Interlocutory injunction - Bank Guarantee - The letter of invocation demanding the payment was in accordance with the ...
Injunction – Bank guarantee – Fraud has to be established
M.R in Bolivinter Oil SA v. Chase Manhattan Bank 1984 1 All ER 351, CA are apposite: “… The wholly exceptional case where ...
Fraud has to be an established fraud – Injunction
Fraud - Fraud has to be an established fraud - In the absence of established fraud and not a mere ...
Bank guarantee – Fraud .
“… in case of confirmed bank guarantees/irrevocable letters of credit, it cannot be interfered with unless there is fraud and ...