Motilal Oswal
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Motilal Oswal
Finance

UK court dismisses PNB's $45-million deceit claim

Updated : January 24, 2019 09:44 PM IST

London-based Punjab National Bank International Limited's (PNBIL) claim concerned eight loans it made between March 29, 2011, and December 1, 2014, for oil re-refining and wind energy generating projects in the US.
PNBIL had accused the individuals and companies in question of breach of contract, misrepresentation and deceit.
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