Court Orders Restoration of Account Status, Blocking NPA Classification Due to COVID-19 Impact.

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....Restraint from declaring the account of the petitioner as a Non-Performing Asset (NPA) - effects of COVID-19 pandemic. - The classification of the account of the petitioner as an NPA on 31.03.2020 could not have been done by the respondent. Accordingly, status quo ante is restored qua the classification of the account of petitioner and the account classification as it stood on 01.03.2020 shall stand restored - HC....