Latest Bank Guarantees News & Updates

Kochi, June 30 (IANS) The Kerala High Court on Tuesday cleared the way for three foreign crew members of the Liberian-flagged cargo vessel MSC Elsa 3 to return to their home countries by relaxing one of the conditions imposed earlier for their departure from India.Justice Bechu Kurian Thomas permitted the three crew members to deposit Rs 1 lakh each in cash instead of furnishing bank guarantees of the same amount, after being informed that technical difficulties had prevented them from complying…