Supreme Court: State Cannot Acquire Temple Property Through Gift Deed  ||  Supreme Court: HC Registry Should Exclude Court Vacations When Listing Cases After Fixed Days  ||  Supreme Court Flags Stark Non-Compliance With Directions on CAPF Cadre Review  ||  Supreme Court: Internet Access and Use is a Fundamental Right, Including for Children  ||  Supreme Court: Letters Patent Bench Cannot Interfere Merely Over Errors of Fact or Law  ||  Supreme Court: Voters May File Complaints Against Candidates over False Affidavits under RP Act  ||  Madras HC: Using Children in Campaign is Inappropriate but Does Not Invalidate Election  ||  Allahabad HC: Section 69 BNS Cannot Be Invoked by Transgender Woman in False Marriage Promise Case  ||  Delhi High Court Permits Britannia’s ‘No Added Sugar, Maida or Palm Oil’ Claim on Biscuit Packs  ||  Calcutta High Court Bars Deportation of Alleged Bangladeshi Woman until CAA Application is Decided    

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