certificate of registration issued under Chapter IIIB and having the net owned
fund of twenty-five lakh rupees or such other amount not exceeding
true state of affairs
of the company, particularly the negative net owned fund
(NOF) and Negative Capital to Riskweight Asset Ratio
(CRAR). This resulted ... commence its
business as Non-banking Financial Institution (NBFI) and
having net owned fund of Rs.25 lakhs. The provision
inserted in the year
certificate of registration issued under Chapter IIIB and having the net owned
fund of twenty-five lakh rupees or such other amount not exceeding
certificate of registration issued under Chapter IIIB and having the net owned
fund of twenty-five lakh rupees or such other amount not exceeding
certificate of registration issued under Chapter IIIB and having the net owned
fund of twenty-five lakh rupees or such other amount not exceeding
reads as
under :
"5. Requirements for minimum number of
members, net owned fund etc.- (1) ..........
(2) Within ninety days from the close
reads as
under :
"5. Requirements for minimum number of
members, net owned fund etc.- (1) ..........
(2) Within ninety days from the close
Sonali Pramod Dhawde vs Central Bank Of India on 1 April, 2013
Bench: A.M
Sonali Pramod Dhawde vs Central Bank Of India on 1 April, 2013
Bench: A.M
have also appropriately factored
under various methods the Book value (referred as Net
Value in our report), Earnings per share, Earnings
based multiples, the prevailing ... business and may be defined as
Shareholders' Funds or Net Assets owned by the
business. Under this method, the net assets