Delhi HC Grants Time To Centre To Frame Rules To Deal With High Value Cases

Posted  under  Legal,  by Kuldeep Singh  / 11 days ago

Delhi High Court has granted six weeks time to the Central Government for coming up with the Rules to deal with high value cases, where the recovery is in excess of Rs. 100 crores in relation to the Debt Recovery Tribunals. Court also directed the Secretary, Department of Financial Services to communicate to all the Non Banking Financial Compnies, Asset Reconstruction companies, DRTs, DRATs, Indian Bank Association and RBI.

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