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Home » Shah loses Interfin court case

Shah loses Interfin court case

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THE Deposit Protection Corporation (DPC) has won a Supreme Court appeal over Al Shams Global BVI Limited (Al Shams)’s plans to compel the state agency to “honour its liquidity support agreements” with Interfin Banking Corporation Limited (Interfin) and which would have given it an advantage over liquidation proceedings. This followed a 2016 High Court ruling…

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