Search Results for Tag : NPA

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Genpact VP's Suicide Case: Allahabad High Court Stays Arrest of Genpact Staff Till March 6(14.01.2019)

Allahabad High Court has granted an interim stay on the arrest of Genpact employees, who have been accused of abetting the suicide of assistant vice-p.....

Tags : Allahabad High Court, Genpact VP's Suicide Case

SC Asks Govt. to Bring in Banking Reforms to Deal with NPAs(27.04.2016)

SC has asked Central Govt. to overhaul the banking system to prevent bad loans and hasten recovery from defaulting borrowers, instead of acting as if .....

Tags : SC , NPAs

Supreme Court Raises Concern over NPA Ordinance, Directs Govt, RBI to Disclose Name of Big Defaulters(08.05.2017)

Supreme Court, while hearing a case related to non-performing assets in the economy, has said that defaulters could be exonerated via insolvency proce.....

Tags : Supreme Court , NPA Ordinance

Delhi HC Restores 'Status Quo Ante' for Loan Classified as NPA by Yes Bank(08.04.2020)

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 installment.....

Tags : Delhi High Court, Loan Classified as NPA by Yes Bank

Bombay HC Orders Exclusion of Lockdown Duration from 90-Days Period for NPA Declaration(13.04.2020)

Bombay High Court has passed an interim order that the lockdown period must be excluded from computing the 90 days for declaring a loan account as Non.....

Tags : Bombay High Court, NPA Declaration

Delhi High Court: Hospitals Can't Hold Patient Hostage For Unpaid Bills(28.04.2017)

Delhi High Court has said that hospitals cannot hold patients “hostage” to extract money for unpaid bills.

Tags : Delhi High Court, Hospitals, Unpaid Bills

MP HC Denies Bail to Janpad Panchayat CEO for Allegedly Embezzling Funds Under Vivah Sahayata Yojna(13.06.2022)

Madhya Pradesh High Court has denied bail to the CEO of a Janpad Panchayat who allegedly embezzled money set out for the beneficiaries of the Vivah Sa.....

Tags : Madhya Pradesh High Court, Janpad Panchayat , White Collar Crime

Bombay HC Rejects Plea Challenging Declaration of Account as NPA by IL&FS(03.11.2020)

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.....

Tags : Bombay High Court, Declaration of Account as NPA by IL&FS

Ker. HC: Non-Compliance of MSME Framework Doesn’t Nullify NPA Declaration Under SARFAESI(15.09.2023)

Kerala High Court has held that failure to abide by the terms of the notification of 2015 prescribing ‘Framework for Revival and Rehabilitation of Mic.....

Tags : Kerala High Court, MSME Framework, NPA, SARFAESI

Top Story

Ordinance approved empowering RBI to deal with non-performing assets in banking sector(03.05.2017)

The Union Cabinet has approved an ordinance for amending Banking Regulation Act to speed up recovery of bad loans. The ordinance has been sent to Pres.....

Tags : Ordinance, Approval, NPA

Ordinance approved empowering RBI to deal with non-performing assets in banking sector(03.05.2017)

The Union Cabinet has approved an ordinance for amending Banking Regulation Act to speed up recovery of bad loans. The ordinance has been sent to Pres.....

Tags : Ordinance, Approval, NPA

Ordinance approved empowering RBI to deal with non-performing assets in banking sector(03.05.2017)

The Union Cabinet has approved an ordinance for amending Banking Regulation Act to speed up recovery of bad loans. The ordinance has been sent to Pres.....

Tags : Ordinance, Approval, NPA