https://www.taxtmi.com/article/detailed?id=6315 Challenge to the statutory definition of Non Performing Asset and RBI classification guidelines raised delegation and arbitrariness issues under Articles 14 and 19(1)(g). The government cited prudential norms, regulatory authority to prescribe classification, and statutory remedies. The court applied the presumption of constitutionality, placing the burden on challengers to prove absence of reasonable classification; prior precedents upholding asset-classification frameworks and guidelines were treated as supportive in assessing reasonableness. en-us Fri, 19 Jun 2015 06:38:07 +0530 Fri, 19 Jun 2015 06:38:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6315 Challenge to the statutory definition of Non Performing Asset and RBI classification guidelines raised delegation and arbitrariness issues under Articles 14 and 19(1)(g). The government cited prudential norms, regulatory authority to prescribe classification, and statutory remedies. The court applied the presumption of constitutionality, placing the burden on challengers to prove absence of reasonable classification; prior precedents upholding asset-classification frameworks and guidelines were treated as supportive in assessing reasonableness. Articles Other Topics Fri, 19 Jun 2015 06:38:07 +0530 https://www.taxtmi.com/article/detailed?id=6315