length fees for Stand By Letter
of Credit (SBLC) provided by the assessee for loan availed by AE from the
Banks. The reasons given ... amount of
SBLCs commission charged by Indian bank in relation to SBLC
issued
2 Loans to AE backed by 4 Out of the four cases
will not make payment under the Suit Stand by
Letters of Credit (SBLC), during the pendency of the
ICC Arbitration Proceedings initiated by Reliance
Industries ... India-Respondent No.3 will not be
entitled to make payment under SBLC and Counter-
guarantee. However, if the Arbitral Tribunal holds
against Reliance
transaction of Stand
By Letter of Credit (SBLC) and similarly on Corporate Guarantee TP adjustment
of Rs.41,28,60,585 and passed order ... assessee by Associated Enterprises (AEs) and the Bank has issued SBLC and
charged commission of Rs.35,56,787. Whereas the assessee has recovered
petitioner for
carrying out the following transactions:-
"a) Issuance of SBLC by IndusInd Bank for an amount of
USD 59.575 million.;
b) Issuance
petitioner for carrying out the following transactions:-
"a) Issuance of SBLC by IndusInd Bank for an amount of USD
59.575 milliom;
b) Issuance
follows:
Name Investment Collateral
Mr. Herman Johan 6.5 Cr 5 Cr (SBLC)
Oonk and Mr Harm Jan
Oonk(Omega Group
Mr Tuskar Kant Jindal
