HC restrains bank from declaring an account as NPA till further order- Covid 19

Shakuntla Educational & Welfare Society Vs Punjab & Sind Bank (Delhi High Court)

The issue under consideration is that the petitioner seeks a direction to the respondent not to declare its pending loan accounts as Non Performing Assets (NPA). The petitioner also seeks a direction to the respondent for grant of moratorium of three months to it in terms of circular issued by the Reserve Bank of I

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