https://www.scconline.com/blog/post/2023/02/16/court-cannot-interfere-with-enforcement-of-bank-guarantee-except-only-in-cases-where-fraud-or-special-equity-is-prima-facie-made-out-to-prevent-irretrievable-injustice-delhi-high-court-legal-researc/
Court cannot interfere with the enforcement of a bank guarantee except cases where fraud or special equity is prima facie made out so as to prevent irretrievable injustice: Delhi High Court