NBFCs not entitled to deduction of any provision created for bad and doubtful debts

CASE LAW DETAILS

Decided by: HIGH COURT OF KERALA,

In The case of:

Appeal No.:

Decided on:

RELEVANT PARAGRAPH

Section 45Q of the RB.I. Act reads as follows:-

“45Q Chapter IIIB to override other laws – The provisions of this Chapter shall have effect notwithstanding

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