Delhi High Court Restrains Indian Oil From Encashing Punj Lloyd’s Bank Guarantees
Workers perform maintenance work on Indian Oil Corp. tanks at Cochin Port in Cochin, India, on Friday, May 29, 2015. (Photographer: Dhiraj Singh/Bloomberg)

Delhi High Court Restrains Indian Oil From Encashing Punj Lloyd’s Bank Guarantees

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The Delhi High Court has restrained Indian Oil Corporation Ltd. from invoking or encashing bank guarantees extended by Punj Lloyd Ltd. pertaining to work for its refinery in Haldia for one week aft...
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