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Bank guarantee renewal

(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
Report Abuse
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.
malipeddi jaggarao (Expert) 13 August 2012
renewal of BG can be on Bank's letter head.
Krishsna (Querist) 13 August 2012
There is a difference of opinion in this case.. Pls advice friends.

thanks

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