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Delhi HC Temporarily Restrains 6 PSU Banks from Taking Coercive Action Against Company - (29 Apr 2020)

BANKING

Delhi High Court has temporarily injuncted 6 Public Sector Units banks from taking any coercive action against Eastman Auto Limited for defaults arising out of and/or in relation to Reverse Factoring payment obligations under Trade Receivables Discounting System.

Tags : DELHI HIGH COURT   COERCIVE ACTION   PSU BANKS  

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