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.
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