Do the lenders need to take any action against the borrower under the SRFAESI Act, 2002 or otherwise prior to transfer to ARC?
Related Questions
- If an ARC acquires 75 per cent of the secured debt of a borrower, what are the options available to the lenders who have not transferred their debt to the ARCs?
- Do the lenders need to take any action against the borrower under the SRFAESI Act, 2002 or otherwise prior to transfer to ARC?
- Do the lenders need to have a policy in relation to transfer of assets to ARC? What are the key components of such a policy?
