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AMBROSIA CHEMICALS versus BANK OF PUNJAB THROUGH MANAGER


Implementation of the Counter Guarantee in favor of Section 18 Contract Act (IX of 1872), Section 126 Bank Guarantee Bank, the Bank Guarantee shall not be required to dispose of the Bank Guarantee issued in the form of limit Individual Counter Guarantee in the case of Bank Guarantees. Can be obtained In the case of bank guarantee, a single transaction will not require counter-guarantee in every case of bank guarantee;

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