Upgrad LLM

arc holding a bank's npas in form of a trust move to drt ?

Management Trainee

Dear All,

Will an asset reconstruction company able to move to DRT if it takes an NPA from a bank in form of a TRUST ??

Regards,

Sagnik Sanyal

 
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Advocate

The registered Asset Reconstruction company cna stepon to the shoes of the lender bank and can proceed before DRT for recovery.

 
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Consultant & Legal Analyst

I endorse the views of Shri Raju.

 
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