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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)

Published 60 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

Published 149 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)

Published 188 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

Published 367 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)

Published 480 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)

Updated 853 days ago

MSCB refuses to lend sugar factories; 6 proposals on hold

HT Image

Updated 979 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)

Updated 998 days ago

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

HT Image

Updated 1043 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)

Updated 1130 days ago

Contractors cannot be allowed to do shoddy work: Karnataka HC

Karnataka HC.

Published 1133 days ago

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