Moratorium on loans as a result of Covid 19 disruption

Moratorium on loans as a result of Covid 19 disruption

Effect of moratorium on business borrowers

37A. What is going to end up being the effect of this moratorium in the borrowers that are corporate? The tenure gets extended, is it a case of modification requiring “modification of charge” within the meaning of the Companies Act? if the corporate borrower is having a secured loan with the bank, and due to the moratorium

Continuar lendo Moratorium on loans as a result of Covid 19 disruption