Revoke Bank Guarantee

Vishal Desale (Querist) 05 May 2017 This query is : Resolved
My sister is doing a job against 2 years bond. She has submitted bank guarantee against fd of 1 lakh. But now she wants to leave the job because they are changing her post to client care eng from block development eng. She also has some harassment reasons.
Is there any way to get the fd amount by revoking bank guarantee?
Please help!

Follow Query

Report Abuse

Rajendra K Goyal (Expert) 05 May 2017
Bank guarantee can not be revoked without the consent of all concerned.

Show all documents to local lawyer to explore the possibilities of lacunae and stay from court on BG.

Ms.Usha Kapoor (Expert) 06 May 2017
AGREE WITH RK.GOYAL.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Member Strength 982067 and growing..

Stay updated with latest Posts!

Trouble Logging in? Try following the given steps -
1. Visit your inbox to find a confirmation mail from LAWyersClubIndia.
2. Click on the confirmation link and confirm your signup

New users who have not received email verification mail click here to verify