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· check/ bank draft/guarantee or irrevocable letter of credit issued by a Universal or the e.qwale.nt 5% Qf the. Price. surety bond callable upon demand issued by a surety or insurance
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54 Vict. No. 1121.-An 1890.]...issued, or any warrant granted, or any surety bond recognisance or demise entered into or executed under the said Act before the commencement of this