Revolving DSRA Guarantee for Facility II & IIA
Revolving OSRA Guarantee (backed 'by specific Board Resolution), to be obtained
from Zee Entertainment Enterprises Limited ... Siti, it was required to obtain a revolving DSRA guarantee
(backed by a specific board resolution) from Zee which would confirm that in
the event
Guarantee dated 08.08.2019 was in complete violation of the
specific terms of the Bank Guarantee which states that the Bank
undertakes to pay the amount ... bank guarantee is
an independent contract between the guarantor Bank and
the guarantee appellant. The guarantee is unconditional.
No doubt, the performance guarantee is against
petitioner was at fault by not submitting the
bank guarantee within stipulated period and had not taken any
initiation for joint survey as was proposed ... executed. As per LOA, the petitioner was required
to submit bank guarantee of specific amount which was not
-( 5 )- A.R. No.03/2017
directed to be
deleted.
7.4 That the corporate guarantee fee benchmarked
under CUP based on specific quote from ICICI Bank be
held at ALP.
GROUNDS ... therefore are not adjudicated upon. We proceed to deal
with specific grounds.
Corporate Guarantee (Ground no.4-7):
4. The assessee has charged corporate guarantee
witnesses says that they were apprehended at Saidapet.
There is no specific and guarantee place mentioned with
regard to the apprehension of the accused ... witnesses who have been examined have
turned hostile.
22. There is no specific evidence with regard to the
conspiracy held by accused
Crsc Research And Design Institute ... vs Dedicated Freight Corridor ... on 30 September, 2020
Author: C
Shri Ashlsh Chadha did not agree
to the furnishing of the bank guarantee by SSPL and opposed
the same.
A. That is not Correct ... furnish bank
guarantee of Rs.15 crores and that the Claimant has committed breach
for not furnishing the bank guarantee within the time provided
notional guarantee fees made by AO under s. 92CA . The revenue
authorities failed to appreciate that advancement of guarantee to AE resulted neither ... measure of abundant
caution, and section 247 (7.1), granting specific exemption to
guarantee fees, was introduced. This amendment is as follows:
(7.1) Sub-section
Piyush Bokaria vs Reserve Bank Of India on 30 September, 2020
Bench: A.P.Sahi
from invoking the Corporate
Guarantee, which in any case is a relief barred by Section 41(b)
of the Specific Relief
