Tag: Non-performing asset
A legal head for numbers
Ishita Sharan, legal head of NARCL, discusses rising insolvency challenges and the bank’s role in managing stressed assets
Pre-deposit under SARFAESI is mandatory
Pre-deposit of 50% under section 18 of the Enforcement of Security Interest Act,2 (SARFAESI) is mandatory and cannot be waived in cases where the borrower challenges the action sale with respect to secured assets
