No, there is no general stay

by (no login)

 

There is only a stay on sale, lease or disposal of the assets by the banks. That would mean the banks would take possession of the assets but only have a liability to maintain the assets and not sell them. I should have thought that is enough disincentive against any action to a discerning banker.



Posted on Oct 22, 2002, 11:42 AM
from IP address 202.54.53.56


Respond to this message

Goto Forum Home
Responses

  1. Any referance / web link as to the Supreme court Stay - order copy. , Oct 26, 2002
  2. Reg. take over by SBIndia under the Sec. Ordinance recently. , Nov 24, 2002
  3. Formal Pocession ?. , Sep 29, 2003

Find more forums on FinanceCreate your own forum at Network54
 Copyright © 1999-2009 Network54. All rights reserved.   Terms of Use   Privacy Statement