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2009 (9) TMI 1034 - HC - Indian LawsExtract: .......ment Debtor in favour of the petitioner/Decree Holder and being renewed from time to time under the directions of the Court is allowed to be encashed by the Decree Holder. After getting the bank guarantee encashed, if any further amount remains to be paid by the Judgment Debtor, Decree Holder would be at liberty to take steps for further execution.
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