Supreme Court: Drug Users are Victims and Focus Must Be on Breaking the Supply Chain  ||  Supreme Court: Non-Signatories May Join Arbitration When the Dispute Affects Their Rights  ||  Delhi HC: Homemaker’s Services Cannot Be Ignored in Compensation Due to Age  ||  Kerala High Court Directs Photos and Videos of Illegal Vehicle Modifications in Accident Reports  ||  Madras HC: Property Acquired by Catholic Priests Belongs to the Religious Society  ||  Delhi HC: Pre-Marital Disability Cannot Be Used to Avoid Maintenance to Wife and Child  ||  Allahabad HC: Religious Freedom Does Not Confer a Right to a Specific Plot for Cemetery  ||  Allahabad HC: Dissatisfaction With Police Probe Alone Cannot Prove Wilful Neglect under SC/ST Act  ||  Kerala HC: Teachers Cannot Face Criminal Action for Trivial Classroom Discipline Measures  ||  Supreme Court: Past Ad Hoc Service Counts for Pension, Not Seniority Against Direct Recruits    

Bombay HC Rejects Plea Challenging Declaration of Account as NPA by IL&FS - (03 Nov 2020)

COMPANY

Bombay High Court has rejected a writ petition filed by a private company against declaration of loan account as Non-Performing Asset over a 100 crore loan taken from two subsidiaries of IL&FS observing that this was not a case of an innocent individual investor and the petitioner's conduct is contrary to ordinary commercial prudence.

Tags : BOMBAY HIGH COURT   DECLARATION OF ACCOUNT AS NPA BY IL&FS  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved