Staff Correspondent,
bdnews24.com
Published: 26 Feb 2021 03:19 AM BdST
Updated: 26 Feb 2021 03:19 AM BdST
The people who defaulted on repayment of loans taken from the People’s Leasing and Financial Services Ltd or PLSFL must pay back, the High Court has said. );
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The court warned the defaulters that they must work within the remits of law and influence of ministers or others will not work in this case.
It ordered them to repay the first instalment before beginning discussion on how the full repayment will go ahead; otherwise their pleas for rescheduling will not be accepted.
Justice Muhammad Khurshid Alam Sarkar passed the orders on Thursday after hearing statements of some of the defaulters in the second phase.
This refers to the article ‘Where is the debt report?’ by Mohammad Zubair. The writer highlighted the fact that the money borrowed by the PTI government during the last two and a half.
While stating that it has enabled loans to over 1.1 lakh merchants across over 75 cities in India, BharatPe said it is likely to end up facilitating disbursals of Rs 1,250 crores in FY 21. Some
Tullow Oil Issues Update On Redetermination Of Reserves Based Lending Facility
LONDON (dpa-AFX) - Tullow Oil plc (TLW.L) said the company and its technical banks have agreed a new debt capacity amount under the RBL facility of approximately $1.7 billion. The Group noted that this remains subject to formal approval by a majority of lending banks and, once approved, will be effective from 26 February.
Based on the new debt capacity amount, Tullow Oil plc will have liquidity headroom of free cash and available debt facilities of approximately $0.9 billion. The next RBL redetermination is scheduled to take place in September 2021.
Copyright RTT News/dpa-AFX