Authority: High Court of Gujarat at Ahmedabad
Order Date: 22/10/2026
Case Overview
- Parties: Petitioner – M/S New India Detergents Pvt Ltd; Respondents – Union of India & others.
- Application No.: Special Civil Application No. 12114 of 2026.
- Senior Standing Council Mr. Tirth Nayak submitted Circular No.38/97 dated 19 September 1997, invoking paragraphs 4, 5 and 6.
- Advocate Mr. Anand Nainawati expressed no objection to the proposition.
Order Details
- The Court directed the petitioner to file an appropriate application for execution of a corporate guarantee or bond within two weeks of the order.
- If the petitioner opts to furnish a corporate guarantee instead of a bank guarantee, the concerned authority shall consider the application in light of Circular No.38/97 and the law, and shall pass an appropriate order within four weeks.
- The petitioner retains the right to approach the appropriate forum if aggrieved by any decision of the respondent authority.
Final Outcome
- The writ petition is disposed of.
- Mandatory filing of guarantee/bond application within two weeks; subsequent authority decision within four weeks; right to appeal remains.
Topics: Legal Order, Corporate Guarantee