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Day: September 6, 2012

NPA/SARFAESI: Is it correct to say that “once NPA is always NPA” under SARFAESI Act, 2002 ?

 It true that the Banks suffer a lot in recovering the outstanding dues from the borrowers in the absence of special enactment like SARFAESI Act and the object of the enactment is really laudable. It is a procedural change basically to enable the Banks to recover the loans speedily and, in my opinion, it is […]

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