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According to the given information, interest realized on NPAs (non-performing assets) can be taken to the income account, but it should not be out of fresh or additional credit facilities sanctioned to the borrower. This means that the interest should not be recovered from new loans or credit extended to the borrower.
A partner by holding out is :
The ______________ may if it is satisfied that it is necessary to issue directions to insurers generally or to any insurer in particular, he may, fro...
No company shall issue a prospectus or make an offer or invitation to the public or to its members _______________for the subscription of its debentures...
Presumption under Section 118 of NI Act states that
According to the Bharatiya Nyaya Sanhita, 2023 what does petty organized crime mean?
What is defined as "contempt of court" according to the Contempt of Court Act?
What is the object of Central Consumer Protection Council?
A male Indian citizen (Hindu) with a wife and three children in India travels to the United States for advanced education. While in the US, he enters in...
According to Section 37 of the Code on Wages, 2019, under what circumstances is an employer entitled to deduct a portion of the bonus payable to an emp...
According to the Motor Vehicles Act , what is the definition of a "invalid carriage"?