NCLAT: Resolution Plan Approved by Committee of Creditors is Binding on All Stakeholders  ||  NCLAT: In Case of Personal Guarantor, Date of Default Depends on Contract of Guarantee’s Terms  ||  Cal. HC: Cannot Label Regulatory Measures Under GST Act as Violative of Fundamental Right to Trade  ||  Cal. HC: Cannot Label Regulatory Measures Under GST Act as Violative of Fundamental Right to Trade  ||  Gau HC: Genuineness of Credit Recd by Assessee from Share Appli. Money is a Question of Fact Not Law  ||  SC: For Central Excise Tariff Act, Coconut Oil in Small Quantities Classifiable as ‘Edible Oil’  ||  SC: Court Ordering Re-Investigation Against Acquitted Accused Violates Principle of Double Jeopardy  ||  SC Urges Parliament to Secure Right of Survivorship of Tribal Women  ||  SC: NCR States to Form Teams to Monitor Compliance of GRAP Measures  ||  SC: Beneficial Laws for Women are Not Means to Chastise, Threaten the Husband    

Ker. HC: Non-Compliance of MSME Framework Doesn’t Nullify NPA Declaration Under SARFAESI - (15 Sep 2023)

BANKING

Kerala High Court has held that failure to abide by the terms of the notification of 2015 prescribing ‘Framework for Revival and Rehabilitation of Micro, Small and Medium Enterprises' cannot render the declaration of the account as NPA under SARFAESI Act, void or bad in law.

Tags : KERALA HIGH COURT   MSME FRAMEWORK   NPA   SARFAESI  

Share :        

Disclaimer | Copyright 2024 - All Rights Reserved