There are thousands of people who are troubled by threats & harassment of loan recovery agents, a problem exacerbated by proliferation of instant loan apps that offer money at a click.
Report submitted to Delhi HC shows over 16,500 cases with claim value of about Rs 498 lakh cr are pending in 3 Debts Recovery Tribunals. HC asks finance ministry to consider report.
Indian businesses still trying to cope with a collapse in demand must now figure out how to pay back loans or face closure after moratorium ended 31 Aug.
The right measure to evaluate the IBC is not the yardstick of what happened under SICA or DRT laws, but what is happening now – a 270-day deadline for resolving cases.
Ahead of the nationwide Census exercise, government allocates Rs 6,000 crore for it; Rs 5,394 crore allocated for modernising infrastructure of internal security apparatus.
The key to fighting a war successfully, or even launching it, is a clear objective. That’s an entirely political call. It isn’t emotional or purely military.
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