Can a company give corporate guarantee for another company?

Yes, a company can provide a corporate guarantee for another company, typically to help secure financing or improve creditworthiness. This involves one company agreeing to take on the financial obligations of another in the event that it defaults. Such arrangements are often used in partnerships or when a parent company guarantees the debts of its subsidiary. However, the specifics depend on legal and regulatory frameworks, as well as the companies' internal policies.