Legal Question in Banking Law in India
Can bank restructure loan after getting a new partner in LLP ?
Asked on 6/19/24, 10:19 pm
1 Answer from Attorneys
Sanjay. K. Dixit, Advocate.
Sanjay K Dixit, Advocate @ Karnataka Bar Council Enrolement No: "KAR/898/2007"
Yes, If your law firm registered under "LLP" (Limited Liability Partnership Clause), as per 'ROC' prevailing restrictive guidelines, & regulations, Generally any Banking Co., exercises restructure of any its subsisting Loan criteria, or modify prevailing Loan A/c., connected to said concerned
"LLP" authoritatively..
Answered on 6/22/24, 12:36 am
Related Questions & Answers
-
My friend make sata khat on my property with third party n property is under loan Asked 4/06/24, 2:46 am in India Banking Law
-
My factory premises is procured by a registered sale deed but n.a. permission is not... Asked 3/01/24, 9:06 pm in India Banking Law
-
Hello sir if am did not went to the court after the summon issue means what will be... Asked 9/03/23, 1:06 am in India Banking Law
-
Can bank change current acc. variant without customer consent Asked 8/11/23, 10:27 pm in India Banking Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
