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A Monex subsidiary has rebuffed an Indian drugmaker's £19.4 million ($24 million) lawsuit for canceling currency exchange contracts, saying it was entitled to do so after the pharma firm's offices were raided by the country's authorities.

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,Monex Europe Markets Ltd ,Dishman Carbogen Amcis Ltd ,High Court ,Ronan Barnard ,Europe Markets ,Dishman Carbogen Amcis ,

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