more in line with that of
the American Courts. An important consideration
which has weighed with the Court for holding that an
administrative authority exercising ... this view are
that the requirement of recording reasons would (i)
guarantee consideration by the authority; (ii) introduce
clarity in the decisions; and (iii) minimise
more in line with that of the American Courts. An important consideration which has weighed with the Court for holding that ... this view are that the requirement of recording reasons would (i) guarantee consideration by the authority; (ii) introduce clarity in the decisions; and (iii) minimize
more in line with that of the American Courts. An important consideration which has weighed with the Court for holding that ... this view are that the requirement of recording reasons would (i) guarantee consideration by the authority; (ii) introduce clarity in the decisions; and (iii) minimize
more in line with that of the
American Courts. An important consideration which has
weighed with the Court for holding that an administrative
authority exercising ... this view are that the requirement of recording reasons
would (i) guarantee consideration by the authority; (ii)
introduce clarity in the decisions; and (iii) minimise
that in the event of failure to return the Bank Guarantee would treat the guarantee as cancelled.
(iii) On 03.11.2001, the second defendant received ... shall be deducted from the consideration payable by the bank guarantee.
The bank guarantee for Rs.11,50,000/- (Rupees Eleven Lakhs and Fifty thousand
purchase contract or order, in addition to a
predetermined guarantee consideration. Again, an
indication contra to the contention that the non-resident
was providing management
more in line with that of the American Courts.
An important consideration which has weighed with the court
for holding that an administrative authority exercising ... this view are that the requirement of
recording reasons would (i) guarantee consideration by the
authority; (ii) introduce clarity in the decisions; and (iii)
minimise
some of the clauses of this Guarantee. It may first be noticed that the
deed of Corporate Guarantee cum Mortgage, dated 9th December ... very opening clause of the Deed
of Corporate Guarantee states as follows:
“A. GUARANTEE
In consideration of the premises, the Surety hereby unconditionally,
absolutely
parties, referred
to above, which is the basis and consideration for the Deed of Guarantee, is
a stand-alone transaction. It does not refer ... perfectly legitimate loan is
supported by a valid consideration. Firstly, the guarantee is furnished to a
third party, who has nothing to do with
already been encashed and
therefore, this petition is limited to
consideration of Performance Guarantee No.
1609FBG130009 dated ... appellant,
restrained the appellant from invoking the
bank guarantee. This court after elaborate
consideration of the matter held :
"..commitments of banks must be
honoured
