Compromise Settlement of Wilful Defaulters – Unworthy

The Reserve Bank of India (RBI) defined wilful defaulters a decade ago in its circular RBI/2013-14/63, DBOD No. CID.BC. 3 /20.16.003/2013-14 dated 1 July 2013.

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India , Shaktikanta Das , B Yerram Raju , Supreme Court , Reserve Bank , Insolvency Act ,