Legal Question in Business Law in India
Is it mandatory to give the name and signature of the witness in the Bank Guarantee furnished by the Scheduled Bank?
Asked on 4/27/11, 5:08 am
2 Answers from Attorneys
M K Law Associates
M K Law Associates
Hello !
Yes, You need two witnesses.
With Regards
Answered on 4/27/11, 11:12 am
M K Law Associates
M K Law Associates
Hello !
Yes, you need two witnesses in certain Bank Guarantees.
There are Bank Guarantee where you are exempted for the same procedure, therefore it is requested to specify your question with the purpose of Bank Guarantee.
With Regards
Answered on 4/27/11, 11:22 am
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