Bank Guarantee in lieu of Security Deposit/ Performance GuaranteeBank Guarantee • November 14th, 2019
Contract Type FiledNovember 14th, 2019AND WHEREAS it has been stipulated by COCHIN SHIPYARD LTD (The Buyer - hereinafter called "CSL") in the said contract that the Supplier shall furnish CSL with a Bank Guarantee by a recognized bank for the sum specified therein as security for compliance with the Supplier’s obligations in accordance with the Contract.