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2024

Delhi HC stays SECI's 3-year ban on Reliance Power over allegedly giving fake bank guarantees

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Delhi High Court halted SECI's ban on Reliance Power. SECI alleged Reliance Power submitted fake bank guarantees. The ban was for three years and covered future tenders. Reliance Power argued the ban was unfair. The court will hear the case again on December 4. Reliance Power claimed innocence and blamed a third party.