SARFAESI Act,2002
diganta
(Querist) 27 February 2009
This query is : Resolved
whether all the accounts can be declared as NPA by the bank if one of the account has been declare as NPA earlier under the SARFAESI Act.
KamalNayanSaxena
(Expert) 28 February 2009
Pl. be specific in your query.
If an account remains overdue continuously for three months that account shall be classified as NPA