Wednesday, April 15, 2020

Bank cannot declare an Account as NPA during Moratorium Period: Delhi HC [Read Order]

The High Court of Delhi stayed the action of the Punjab and Sind Bank declaring the account as Non-Performing Assets (NPA) in the light of the circular of Moratorium Period issued by Reserve Bank of India (RBI). The petitioner, Shakuntla Educational & Welfare Fund is a charitable society and is engaged in the business of […]

The post Bank cannot declare an Account as NPA during Moratorium Period: Delhi HC [Read Order] appeared first on Taxscan | Simplifying Tax Laws.



from Taxscan | Simplifying Tax Laws https://ift.tt/3bbC1HB

No comments:

Post a Comment