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Sukhvinder Singh   22 August 2018

Black money

if a small scale (nbfc) financial institution shows its depositors that company is unable to recover money from the market and is bankrupt, but is secretly lending the collected money in black market. Is there any action or law to recover depositor's money? is lending money in black and making properties with the depositors money punishable?


Learning

 1 Replies

ADVOCATE PARDEEP DHINGRA (Advocate)     22 August 2018

file a petition in nclt under Insolvency and Bankruptcy Code


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