Debt collection pangs
M J Antony: Debt collection pangs (Business Standard India)
Borrowers can move civil courts to stall recovery proceedings as they have few other choices. Two past statutes which conferred powerful weapons in the hands of banks and financial institutions in the matter of non-performing assets seem to have ignored the interests of the borrowers.
Borrowers can move civil courts to stall recovery proceedings as they have few other choices. Two past statutes which conferred powerful weapons in the hands of banks and financial institutions in the matter of non-performing assets seem to have ignored the interests of the borrowers.
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