Aban Offshore secures possession notice from Punjab National Bank
Fri, Jul 9, 2021 9:44 AM

Aban Offshore secures possession notice from Punjab National Bank

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Aban Offshore Limited secured a possession notice for the company's assets under section 13(12) of the SARFAESI Act, 2002 on 8th July 2021 from Punjab National Bank, Chennai for the recovery of loan borrowed by the Company. Aban Offshore is India's largest offshore drilling services provider headquartered in Chennai, India. Its services are mainly used by oil companies, especially for ONGC.

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