The Chhattisgarh High Court reaffirmed a crucial principle of commercial law, holding that courts should generally refrain from interfering with the invocation or encashment of bank guarantees as long as the invocation adheres to the terms of the guarantee. This decision came in the case of Sutlej Textiles and Industries Limited v. South Eastern Coalfields
Courts Typically Should Not Interfere with Bank Guarantee Invocation if Terms Are Met: Chhattisgarh High Court
