Which bank announced to sell its entire 4% ownership in India SME Asset Reconstruction Company (ISARC) for almost Rs 4 crore?
• Bank of Maharashtra sell its entire 4% ownership in India SME Asset Reconstruction Company for almost Rs 4 crore. • Bank of Maharashtra (BoM) has entered a share purchase agreement for the sale of the entire equity position of 4% in India SME Asset Reconstruction Company Ltd (ISARC). • The bank’s 4% stake, which translates to 40,00,000 equity shares, would be sold for Rs 9.80 per share for Rs 3.92 crore in cash. • ISARC’s overall revenue for the fiscal year ended March 2021 was Rs 11.09 crore, with a net profit of Rs 0.36 crore. • ISARC is the country’s first Asset Reconstruction Company (ARC), with a large number of public sector banks and undertakings supporting it. It focuses on MSME NPA resolution.
As laid down under section 162 of the Contract Act a gratuitous bailment is terminated by _______________
Which of the following statement is incorrect about lease under Transfer of Property Act, 1882?
I. Lease ca...
An LLP shall receive notices and official documents at:
What are the characteristic features of a company?
According to the provisions of the IBC where any person is a financial creditor as well as an operational creditor such person shall_______________________
Whoever, being in the manner entrusted with property or having dominion over property dishonestly misappropriates or converts to his own use that proper...
According to the National Investigating Agency Act the ____________ may constitute a special agency to be called the National Investigation Agency for i...
In a Criminal proceeding against any person, husband and wife of such person are _____________
What is oral evidence?
Section 4 of the SC(R)A lays down provisions relating to _________________
