Orissa HC: Directors Liable under S.138 NI Act Despite Company’s Insolvency  ||  Bombay HC: GST Return Details of Company Exempt from Disclosure under RTI Act  ||  Chhattisgarh HC: Timely Appointment of Electronic Evidence Examiners Vital in Cyber Crime Probes  ||  Bombay HC: GST Return Details of Company Exempt from Disclosure under RTI Act  ||  Bombay HC: GST Return Details of Company Exempt from Disclosure under RTI Act  ||  Bombay HC: Appeal under Section 37 A&C Doesn’t Bar Fresh Arbitration Proceedings  ||  Supreme Court: Upload Nodal Officer Details on Vatsalya Portal for Missing Child Cases  ||  NCLAT: ED Cannot Keep Attached Assets After Resolution Plan Approval  ||  SC: Gender-Neutral JAG Appointments Judgment Not Retrospective  ||  Supreme Court Rejects Telangana Govt Plea on HC Stay of 42% Backward Classes Reservation    

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 2025 - All Rights Reserved