Bank Guarantee & LC Disputes arise in commercial transactions where financial instruments such as Bank Guarantees (BG) or Letters of Credit (LC) are issued to secure contractual obligations.

Disputes may occur due to wrongful invocation, fraudulent encashment, breach of underlying contract, non-performance claims, delay in payment, or interpretation of guarantee terms. Courts generally treat bank guarantees as independent contracts; however, injunctions may be granted in cases of fraud or irretrievable injustice.

These matters often require urgent legal action to seek interim relief against invocation or encashment before civil courts, commercial courts, or arbitration forums.

This service includes drafting injunction applications, defending invocation notices, advisory on contractual interpretation, arbitration representation, recovery proceedings, and appellate remedies.

The objective is to protect commercial interests, prevent unlawful financial loss, and ensure lawful enforcement of banking instruments.