Live Markets »News & Advice»Market News»Market News Details
Market News Details

Here are some steps that could be initiated against wilful defaulters

Abhijit Lele/ 13 Feb 19 | 10:47 PM

Steps that could be initiated against wilful defaulters

1  Public sector banks, which face maximum stress from wilful defaulters, have filed 9,594 suits for recoveries and 2,881 First Information Reports

Related Stories

    No Related Stories Found
Widgets Magazine

2  Wilful defaulters and companies with wilful defaulters as promoters/ directors debarred from accessing capital markets to raise funds

3  Such defaulters cannot get additional finance from banks

4  They are prohibited from participating in the insolvency resolution process

5  The Fugitive Economic Offenders' Act, 2018, empowers authorities to attach property of a fugitive economic offender

Dues from wilful defaulters of select banks

Widgets Magazine


Company Price Gain (%)
Tata Steel545.006.67
ICICI Bank407.403.05
Axis Bank760.202.61
St Bk of India312.301.96


Currently No Poll Available.

Online Portfolio

You can create Online Portfolio here using the below button.

Widgets Magazine