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Suspending the look-out circulars issued by the Department of Revenue and the Serious Fraud Investigation Office, the Delhi High Court allowed Punj Lloyd Ltd.'s former promoter and director Atul Punj to travel to the United Kingdom from Feb. 1 to Feb. 15, with certain conditions. The court said Punj should deposit a fixed deposit receipt of INR 50 million with its registrar general. The fixed deposit shall be kept in auto-renewal mode.
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