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
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
It is very clear that the Banks should follow RBI guidelines on Asset-Classification before classifying any loan account as ‘Non-performing Asset (NPA)’. There were judgments saying
I was concentrating and writing on few complicated issues under SARFAESI Act, 2002. I was also writing that there was no clarity on the issue of
We all aware of the object behind SARFAESI Act, 2002 and it is to enable the banks to recover the debts speedily and to enable
