Question
The provisions of the Recovery of Debts and Bankruptcy
Act shall not apply where the amount of debt due to any bank or financial institution or to a consortium of banks or financial institutions is ______________ or such other amount, being not less than one lakh rupees, as the Central Government may, by notification, specifySolution
Section 1. Short title, extent, commencement and application: (4) Save as otherwise provided, the provisions of this Code Act shall not apply where the amount of debt due to any bank or financial institution or to a consortium of banks or financial institutions is less than ten lakh rupees or such other amount, being not less than one lakh rupees, as the Central Government may, by notification, specify.
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2.  ...
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