NIRMAL K D (BUSINESS) 03 April 2013
If a properietry concen becomes NPA and bank moves to DRT what precaution should the concern take so that his running business is not hampered .Loan was taken under cgts scheme and the concern do not have any security apart from machinery and book debts.
Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 ) 03 April 2013
Following Appeals can be filed in DRAT:
Against the final orders passed by the Presiding Officers of various DRTs.
Against Interim orders/directions given by the Presiding Officers of various DRTs.
Against orders on MA/IA/Appeal against RO’s orders, etc passed by the Presiding Officers of various DRTs.
Against orders on appeals filed under The Securitisation & Reconstruction of Financial Assets & Enforcement of Security Interest Act, 2002, passed by the Presiding Officers of various DRTs.
Applications under subsection (6) of section 17 of the Securitisation & Reconstruction of Financial Assets & Enforcement of Security Interest Act, 2002.
NIRMAL K D (BUSINESS) 03 April 2013
case has not been started as yet. we want precaution so that in future problem does not arise
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