relation
to other countries, it is submitted that the percentage of NPA
of as against the GDP is only 6% in India which is much ... dispute which may arise in respect
of the alleged dues or the NPA.
19. It is further submitted that the provision of appeal
as contained
Reconstruction of Financial Assets and Enforcement of Security Interest
Act, 2002 (" NPA Act " for short).
Facts in Civil Appeal ... even today.
On 6.1.2003, a notice under Section 13(2) of the NPA Act was issued.
On 11.11.2004 the following provisos were introduced in Section
applicable at the time of declaring
the account as Non Performing Assets (NPA) and not to recover the said
amount in terms of the judgment ... been made in
3
discharging their liabilities, their assets were declared as NPA as per the
guidelines issued by the Reserve Bank of India
President to the grant of a
Non-Practising Allowance ('NPA' for short) to all AMC officers
irrespective of the rank, with a stipulation ... that such NPA shall be treated as
Pay for all purposes. Ministry circular dated 2.11.1987 clarified that NPA
will be treated
Bank of Commerce to
declare the respondents account as Non-Performing Asset (NPA)
from 31st March, 2000 and to apply the Reserve Bank of India ... defaulted in repayment of the amount and their account was declared
as NPA on 31.3.2001. On 21.2.2002, the appellant Oriental Bank of
Commerce filed
Uttam Galva’s account was classified as a ‘non-
performing asset’ (NPA) on 31 March 2016 by Canara
Bank and Punjab National Bank (which classification ... promoter of
6
ESIL whose account was classified as an NPA
for more than 1 year, prior to the commencement
of corporate-insolvency resolution process
Whether the Department is entitled to treat the "Provision for
NPA", which in terms of RBI Directions 1998 is debited ... year ending 31.03.1998, Assessee debited Rs.
81,68,516/- as Provision against NPA in the P&L Account on three counts,
viz., Hire-Purchase
State of Madhya Pradesh, relates to the quantum of Non-
Practicing Allowance (`NPA' for short) payable to
2
certain categories of Medical Officers belonging ... provisions
contained in Schedule I thereto. The scales of pay and
NPA payable to different categories of Medical Officers,
other than the Director
said loan account with the Bank was
categorised as “Non-Performing Asset, (NPA)”. The Bank also initiated
proceedings under the provisions of the Securitization ... present loan account is concerned,
which was declared as NPA, not a single amount was paid till an
application for extending the benefit
that the corporate debtor was in default and had
been declared as NPA by several creditors. The Tribunal, thus, formed the
opinion that when ... directors of the corporate debtor were fully aware that
19 ‘NPA’ for short
21
they were in the twilight zone and insolvency was imminent, they
