Wednesday, December 18, 2019

PNB loses UK High Court appeal in USD 45-million deceit claim

The issue in contention was whether the High Court of England and Wales should accept jurisdiction to try the claim by London-based Punjab National Bank International Limited's (PNBIL), involving eight loans it made between March 2011 and December 2014 for oil re-refining and wind energy generating projects in the US.

from Banking/Finance-Industry-Economic Times https://ift.tt/2r9mk1S

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