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RBI asks NBFCs to get ready for Settlement of Dues through Lok Adalat to be held on November 23, 2013

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....BI asks NBFCs to get ready for Settlement of Dues through Lok Adalat to be held on November 23, 2013 <br>News and Press Release<br>Dated:- 20-11-2013<br><BR>The Reserve Bank of India (RBI) has appeale....

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....d to all Non-Bank Finance Companies (NBFCs) to participate in the Lok Adalat being organised by National Legal Services Authority (NALSA) on November 23, 2013. The Department of Financial Services, M....

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....inistry of Finance communicated that the National Legal Services Authority (NALSA) is organising an All-India Lok Adalat on November 23, 2013 in all the districts of the country, to settle long pendin....

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....g cases of dues, including those pending under the Negotiable Instruments Act, 1881. Hon'ble Mr. Justice G.S. Singhvi, Judge Supreme Court of India and Hon'ble Executive Chairman, National Legal Servi....

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....ces Authority have desired that all the banks (public/private/foreign) and non-banking finance companies may be directed to participate in the Lok Adalat. Alpana Killawala Principal Chief General M....

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....anager<BR> News - Press release - PIB....