Hello,
I had personally visited a branch of Bank of Maharashtra to invoke the bank guarantee. However, the bank official of duputy branch manager rank refused to accept original bank guarantee provided to my this branch and also the my covering letter mentioning to invoke (encash) it.
I understand that the person's mother who had provided the bank guarantee to me works at the same or another branch of the same bank. Moreover, the person's father forced me to go to the nearby police station and the station in-charge grilled me for at least two hours for no fault of mine. It was therefore clear that the person's relatives who issued the bank guarantee to me are very influential and for these reasons the bank personnel refused to accept the documents. I then went ahead and submitted the documents at the bank's head office in Pune, which later on encashed it for me.
I want to know if I can sue the bank for refusing to accept the bank guarantee documents and invoke it on demand in the first instance. If yes, how soon I must initiate the legal proceedings against the bank after this incidence? Please advise.
Thank you and best regards.
