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Vishnu Prakash R Punglia Secures 45-Day Stay Against Bank Guarantee Encashment


19 August 2026
Vishnu Prakash R Punglia Ltd.

The Rajasthan High Court judgment grants VPRPL-KSIPL BKN JV liberty to pursue remedies before the competent forum, maintains status quo for 30 days, and bars encashment of its bank guarantee for 45 days; the Bikaner contract dispute remains unresolved.


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