The Madhya Pradesh High Court has held that a ‘willful defaulter’ under the Reserve Bank of India (RBI) cannot be represented through the lawyers or Chartered Accountants. The State Bank of India has issued a notice to the petitioner-Company proposing to declare them as ‘‘wilful defaulter’’ under Master Circular. By way of show cause notice, […]
The post Willful Defaulter under RBI Act can’t be represented through Advocate / Chartered Accountants: Madhya Pradesh HC [Read Judgment] appeared first on Taxscan | Simplifying Tax Laws.
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