Answer-For an Asset Reconstruction Company (ARC), after how many days of overdue does a receivable get clas...

In the context of ARCs, the definition of NPA is slightly different from that used for banks. An asset is treated as NPA in the books of an ARC if o Interest or principal or installment is overdue for 180 days or more from the date of acquisition or the contractual due date whichever is later. o Or if overdue for 180 days or more as per the repayment plan formulated by the ARC. o Or if overdue for 180 days or more in case no resolution plan is formulated. This longer window 180 days reflects the specialized nature of ARCs, which deal with stressed assets that need restructuring or realization.