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    Bank Guarantee News

    PSPCL’s ₹2-cr security return to Sanjeev Arora-linked firm under ED gaze

    Sanjeev Arora was arrested by the ED on May 9 from his official residence in Chandigarh after raids were carried out against him in an alleged <span class='webrupee'>₹</span>100-crore GST fraud case. (HT PHOTO)
    Cities
    Published 100 days ago

    Maharashtra: ₹10 cr bank guarantee mandated for leased sugar mills to ensure FRP payments

    Maharashtra: <span class='webrupee'>₹</span>10 cr bank guarantee mandated for leased sugar mills to ensure FRP payments
    Cities
    Published 190 days ago

    Ludhiana: Firm official booked for bid to forge sign

    The attempt was detected during verification, preventing the release of the amount. (HT Photo)
    Cities
    Published 228 days ago

    State bank guarantees reach record high of ₹62,569 crore in FY 2024-25

    State bank guarantees reach record high of <span class='webrupee'>₹</span>62,569 crore in FY 2024-25
    Cities
    Published 407 days ago

    State’s bank guarantees to govt agencies cross ₹1 lakh crore

    Mumbai: Maharashtra Deputy CM Ajit Pawar arrives for the Budget session of the state Assembly, at Vidhan Bhavan in Mumbai, Monday, March 3, 2025. (PTI Photo/Shashank Parade)(PTI03_03_2025_000118A) (PTI)
    Cities
    Published 520 days ago

    Ludhiana MC seizes bank guarantee of firm managing city bus services

    The contract of the city bus service was terminated by the municipal corporation on February 26. (HT File Photo)
    Cities
    Updated 893 days ago

    MSCB refuses to lend sugar factories; 6 proposals on hold

    HT Image
    Cities
    Updated 1019 days ago

    Chandigarh: 3 CITCO officials indicted for fraudulent withdrawal of ₹35 lakh bank guarantee

    Additional district and sessions judge BR Bansal (retd) conducted the inquiry and implicated CITCO’s commercial manager Anil Sharma, clerk Balwinder Kaur and junior assistant Rikkhi Ram. (iStock)
    Cities
    Updated 1039 days ago

    Govt overturns its own decision, stands guarantee for sugar factory loans again

    HT Image
    Cities
    Updated 1084 days ago

    Bank guarantee scam: CITCO officials kept sitting on file for 18 months

    As per the case, the firm, OSCAR Security and Fire Service is accused of encashing <span class='webrupee'>₹</span>35 lakh bank guarantee submitted with CITCO on a fake document. (HT File Photo)
    Cities
    Updated 1170 days ago

    Contractors cannot be allowed to do shoddy work: Karnataka HC

    Karnataka HC.
    Cities
    Published 1174 days ago
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