
Non-Performing Assets


Profit with Purpose: Have ARCs Focused on Returns or Revival?
by Natasha Singh†

No borrower can claim benefit of One Time Settlement Scheme as a right; Can’t encourage dishonest borrowers: SC
“If it is held that the borrower can still, as a matter of right, pray for benefit under the OTS Scheme, in that case, it would be giving a premium to a dishonest borrower.”

Dealing with Non-Performing Assets: Analysing Bad Bank as a Solution
by Deepanshi Gupta*and Aadesh Shinde**

NCLAT | Whether provisions of Limitation Act, 1963 vide S. 238A of I&B Code, 2016 will be applicable to all NPA cases or not? Tribunal answers
National Company Law Appellate Tribunal (NCLAT): Full Bench of Justice Bansi Lal Bhat (Acting Chairperson) and Justice Anant Bijay Singh (Member, judicial) and

Bom HC | Duration of lockdown not to be reckoned for purpose of computing 90-day NPA declaration period
Bombay High Court: G.S. Patel, J., while fashioning a workable solution limited to the facts the instant case, ordered that subject to

One Time Settlement of NPAs
As per instructions of Reserve Bank of India, banks are required to have a loan recover policy, which may cover, inter alia, negotiated settlements
Inform debtor before commencing with auction sale of his security, Allahabad HC quashes DRAT order
Allahabad High Court: The petitioner before the Court appealed against the order of Debt Recovery Appellate Tribunal. The petitioner was serving in Punjab