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Tribunal rejects Axis Bank’s plea against Proparco portfolio firm

By Maulik Vyas

  • 31 Oct 2017
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Tribunal rejects Axis Bank’s plea against Proparco portfolio firm
Credit: Reuters

The New Delhi bench of the National Company Law Tribunal has dismissed a petition filed by Axis Bank Ltd to recover around Rs 400 crore from one of the portfolio companies of Proparco SA, the private-sector financing arm of French development agency Agence Francaise de Development.The private-sector lender had approached ......

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