chandrakala (manager-legal) 09 February 2010
Can any one suggest me the answer with legal standi. The expiry period for a bank guarantee has been completed. Creditor did not claim the BG from the surety bank. within the claim period. Can the Bg be claimed after the expiry period ? If it is possible to claim so ,within what period?
Anil Agrawal (Retired) 09 February 2010
Bank guarantee can be invoked within the time specified in the document.
Date expired.
No invocation.
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