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
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