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https://blog.scconline.com/post/2015/11/18/invocation-of-bank-guarantee-can-be-restrained-only-if-there-is-existence-of-fraud-irretrievable-injuryinjustice-or-special-equities/
Invocation of bank guarantee can be restrained only if there is existence of fraud, irretrievable injury/injustice or special equities