What are the Right of Business against Banking Institutions who are in process to Lock down Business due to NPA for more than 15 Months. The Loan Covered under CGTMSE and the Insurance Amount timely paid by the Business.
1- Is there any option for the Business to Save the Unit for Lock down.
2- If Bank has to right Lock down the Unit and Sale it on Auction, than What is the role of CSTMSE Scheme?
Please help me.
Mohan Chandra Pandey