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Recently In May Supreme Court (SC) approved the constitution of a high-powered committee headed by ________________ for recovery of monies from the defaulters where NSEL has secured money decrees.
  • a)
    Pradeep Sangwan
  • b)
    Pradeep Nandrajog
  • c)
    Indu Malhotra
  • d)
    Amar Mitra
  • e)
    None of these
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Recently In May Supreme Court (SC) approved the constitution of a hig...
  • The National Spot Exchange Limited (NSEL) said that the Supreme Court (SC) has approved the constitution of a high-powered committee headed by a retired judge of the Bombay High Court, Pradeep Nandrajog, for recovery of monies from the defaulters where NSEL has secured money decrees.
  • The apex court exercised its powers under Article 142 of the Constitution to constitute the committee to execute awards and decrees against the defaulters in the Rs5, 600 crore NSEL payment crisis.
  • Article 142 states that any decree or order passed by the SC to do complete justice is enforceable throughout the territory of India.
  • The recovery from the NSEL defaulters, after giving credit for the monies paid by them, stands at Rs5, 454.52 crores.
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Recently In May Supreme Court (SC) approved the constitution of a high-powered committee headed by ________________ for recovery of monies from the defaulters where NSEL has secured money decrees.a)Pradeep Sangwanb)Pradeep Nandrajogc)Indu Malhotrad)Amar Mitrae)None of theseCorrect answer is option 'B'. Can you explain this answer?
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Recently In May Supreme Court (SC) approved the constitution of a high-powered committee headed by ________________ for recovery of monies from the defaulters where NSEL has secured money decrees.a)Pradeep Sangwanb)Pradeep Nandrajogc)Indu Malhotrad)Amar Mitrae)None of theseCorrect answer is option 'B'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Recently In May Supreme Court (SC) approved the constitution of a high-powered committee headed by ________________ for recovery of monies from the defaulters where NSEL has secured money decrees.a)Pradeep Sangwanb)Pradeep Nandrajogc)Indu Malhotrad)Amar Mitrae)None of theseCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Recently In May Supreme Court (SC) approved the constitution of a high-powered committee headed by ________________ for recovery of monies from the defaulters where NSEL has secured money decrees.a)Pradeep Sangwanb)Pradeep Nandrajogc)Indu Malhotrad)Amar Mitrae)None of theseCorrect answer is option 'B'. Can you explain this answer?.
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