DCW Monthly: June 2025
This month we’re digging into the legal, operational, and regulatory tensions at the core of LC and guarantee practice.
A Chennai-based importer, its director, and six former officials of a company operating under the Indian government’s Ministry of Commerce & Industry have been booked by India’s Central Bureau of Investigation (CBI) for cheating which led to an INR 65 crore (USD 12 million) loss.
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