The appellate court in Milan, Italy, in its judgement on Friday, 23 May, 2014, has substantially upheld the claims of Government of India against AgustaWestland International Ltd (AWIL), A W Spa and Deutsche Bank, Italy on the encashment of Bank Guarantees and Performance Bond in the VVIP helicopter case. The court also ordered AWIL and A W Spa to reimburse legal costs of Government of India. MoD is studying the order and will take immediate steps to recover the amounts fully.
You May Also Like
loading...
Popular Posts
-
Providing nutritious food to children in school helps address two key problems: hunger and education. Sikkim has found the answer to thi...
-
The Cabinet Committee on Economic Affairs has approved the proposal of the Department of Fertilizers for reimbursement of freight for distri...
-
Food and Civil Supply Minister Pritam Singh expressing his discontentment on the non distribution of foodgrains in time directed the offic...
-
Sr. No. District => Population Growth Rate Sex Ratio Literacy Density/km 1 East Sikkim => 281,293 14.79 872 84.67 295 2 South Sik...
-
Shri Subodh Jain, Member Engineering, Railway Board gave away the President’s Home Guard and Civil Defence Medals to Shri Udayan P. Bhan...
-
Mahatma Gandhi, “The Father of the Nation” is one of the greatest freedom fighter, a revolutionary social reformer and above all an ace ...
-
Dear Shri Anna Hazare , This refers to the letter dated 26.5.2012 addressed to the Prime Minister purported to have been signed by you and ...
-
The Competition Commission of India (CCI) has imposed a penalty of Rs. 1773.05 crores on Coal India Limited for abusing its dominant posi...
-
India exports goods to Iran in accordance with its international obligations of United Nations sanctions on Iran. Major items of India’s exp...
-
Union Tourism Minister Shri Subodh Kant Sahai has said that SAARC countries should explore the ways and means for more exchange of tourists ...