FIRST LAW

Contractors Registration Rules, 2007 (Bihar) - Order suspending registration of a firm has got civil consequence as it is likely to affect not only the business concern but all those who are attached therewith. Such decision are, therefore, required to be taken with much care and circumspection.

Banking Law -  the terms and conditions of the guarantee agreement are to be relied upon and the Bank cannot travel beyond the terms and conditions of the guarantee agreement.