Bank guarantee renewal
Krishsna
(Querist) 08 August 2012
This query is : Resolved
Dear All,
BG (Bank guarantee) issued by a bank should be on the stamp paper or franking.
Is it requires BG renewal also on Stamp paper?
Pls advice.
Thanks
ajay sethi
(Expert) 08 August 2012
it can be on stamp paper or franking can be done
Krishsna
(Querist) 10 August 2012
Then if, Bank has provided BG renewal its letter head, is it valid?
Is it compulsory to insist BG renewal on Stamp paper OR Franking??
Pls advice.
Krishsna
(Querist) 13 August 2012
There is a difference of opinion in this case.. Pls advice friends.
thanks