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English Release 24-April 2014
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Ministry of Corporate Affairs10-December, 2012 18:33 IST
Cases of Default in Repayment by the Non-Banking Financial Companies
“7”

 

As on 30th November 2012, eight cases of default in repayment of deposits by the Non-Banking Financial Companies (NBFC) were pending with the Regional Benches of the Company Law Board (CLB) all over the country. Giving this information in written reply to a question in the Parliament, Shri Sachin Pilot, Minister of Corporate Affairs, said that during the last three financial years, twelve applications were received from the depositors in the Regional Benches of the Company Law Board for default in getting repayment of deposits on due dates from NBFCs and the total amount involved therein, CLB Region wise is as under:

Name of the Regional Benches of CLB

No. of cases

Amount involved

New Delhi Bench

7

Rs. 3.73 lakh 

Kolkata Bench

2

Rs. 4.35 lakh

Mumbai Bench

1

Rs. 14,000/-

Chennai Bench

2

Rs.3.60 lakh

 

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KKP


(Release ID :90331)

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