Madras HC: Police Superintendent not Liable For IO’s Delay In Filing Chargesheet or Closure Report  ||  Supreme Court: Provident Fund Dues Have Priority over a Bank’s Claim under the SARFAESI Act  ||  SC Holds Landowners Who Accept Compensation Settlements Cannot Later Seek Statutory Benefits  ||  Supreme Court: Endless Investigations and Long Delays in Chargesheets Can Justify Quashing  ||  Delhi HC: Arbitrator Controls Evidence and Appellate Courts Cannot Reassess Facts  ||  Delhi HC: ED Can Search Anyone Holding Crime Proceeds, not Just Those Named in Complaint  ||  Delhi HC: ED Can Search Anyone Holding Crime Proceeds, not Just Those Named in Complaint  ||  Delhi HC: Economic Offender Cannot Seek Travel Abroad For Medical Treatment When Available In India  ||  SC: Governors and President Have No Fixed Timeline To Assent To Bills; “Deemed Assent” is Invalid  ||  SC: Assigning a Decree For Specific Performance of a Sale Agreement Does Not Require Registration    

Delhi HC Restores 'Status Quo Ante' for Loan Classified as NPA by Yes Bank - (08 Apr 2020)

BANKING

Delhi High Court has held that YES Bank should not have classified a loan account as Non-Performing Asset (NPA) when a delay in payment of installments was caused due to the conditions brought about by the effects of COVID-19.

Tags : DELHI HIGH COURT   LOAN CLASSIFIED AS NPA BY YES BANK  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved