city New Delhi city Delhi 2020 pandemic information Coronavirus city New Delhi city Delhi

Yes bank can't declare firm NPA for non- payment of loan due to coronavirus: HC

Reading now: 628
www.livemint.com

The court was hearing a plea by a real estate company seeking direction to the bank not to take any coercive steps for its failure to pay loan installments since January this year New Delhi: The Delhi High Court Monday said that prima facie Yes Bank could not have declared a private company's account as non-performing asset (NPA) for its failure to pay loan installments due to coronavirus pandemic.

Justice Sanjeev Sachdeva, who conducted the hearing through video conferencing, took on record the statement made by the counsel for Anant Raj Ltd that it will make payment on or before April 25, the instalment which fell due as on January 1, 2020 along with the interest accrued till the date of payment irrespective of the lockdown position. “Pr

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

Woman in stitches as 'stupid' mate confuses pregnancy test result with Covid - dailystar.co.uk
dailystar.co.uk
46%
929
Woman in stitches as 'stupid' mate confuses pregnancy test result with Covid
Covid lockdown was introduced, which means by now most of us are used to testing ourselves to see if we have been infected with the virus.Many people may now associate the phrase ‘positive result’ with a confirmed case of the infectious virus that has caused the pandemic.But, that was not always the case.This was clear when a woman messaged a friend with a picture of her pregnancy test - which gave a positive result.Having snapped a photo of the white stick portraying two red lines, the women wrote “positive” with a neutral face emoji.However, there was a bit of a modern day mix-up.Just like how lateral flow tests show two red lines for a positive result, the friend thought they tested for Covid - not for being pregnant.The confused friend replied: “Damn, I hope you feel better.”Along with a prayer emoji, they added: “Quarantine.”Stunned at the response, the pregnant woman slammed: “Are you stupid?”A screenshot of the text was posted to Facebook by user Amber Lee Clark which has now racked up thousands of likes and 33,000 shares.People were left in stitches at the confusion so tagged their mates with laughing emojis whilst they poked fun at the mix-up.One person chuckled: “I hope she takes all the necessary precautions that the CDC has lined out. Don’t need that s*** spreading”Another added: “Name your kid Covid.”Whilst a third user related: “Remember when I sent you my Covid results and you thought I was pregnant?”Someone else shared: “I laughed too hard at this.” Get all the biggest Lifestyle news straight to your inbox. Sign up for the free Daily Star Hot Topics newsletter
DMCA