On 8th April 2004, Soli J.Sorabjee, the then Ld Attorney General, arguing for Union of India, convinced a Constitution Bench of SC to uphold the Sarfaesi Act, 2002 by citing a pressing need to curb NPAs, which had risen to Rs. 1 lac crore
2/n It was submitted before the SC that the enactment of RDDB Act, 1993 & establishment of DRTs has been unable to stop the rise in NPAs. Mr. Salve chipped in with a talk on International practices.
2/ The gentleman is a third generation onion trader. Uses to be a Really big trader. He allowed his son to set up SME for onion dehydration
Sep 28, 2017 • 6 tweets • 1 min read
#GSTGaming tales I continue to hear :
Visited a CA (doesn't want to be named) in Kalbadevi y'day: 1. CAs r advising clients to deal in cash
2/ 2. They say it's impossible for many businesses to continue with GST. 3. High value cash deals have started featuring Gold biscuits as