Conversion of debt into shares, consent level of security enforcement actions and permission to acquire debt from other SC/RCs

RBI/2013-2014/460 DNBS (PD) CC. No. 35/SCRC/26.03.001/2013-2014 January 23, 2014 The Chairman/Managing Director/Chief Executive Officer All registered Securitisation Companies/Reconstruction Companies Dear Sir, Conversion of debt into shares, consent level of security enforcement actions and permission to acquire debt from other SC/RCs Please refer to The Securitisation Companies and Reconstruction Companies (Reserve Bank) Guidelines and Directions, 2003… Read More

Tags: 2014 January 23, Board of directors, finance, India, Reconstruction Era, Reconstruction of Financial Assets, Reserve Bank of India, Securitisation