DECCAN INQUIRER Bi-Weekly e news paper Editor: Nagaraja.M.R.... Vol.04.....Issue.46.............14 / 06 / 2023 RBI aiding corporate frauds ? To Shri Shaktikanta Das Governor RBI Dear Shri Das, I refer to RBI’s latest guidelines issued on 8-6-2023 (Notification No.RBI/2023-24/40 DOR.STR.REC.20/21.04.048/2023-24 8-6-2023) on Framework for Compromise Settlements and Technical Write-offs, modifying the earlier guidelines issued on 7-6-2019 (Notification RBI/2018-19/203 DBR.No.BP.BC.45/21.04.048/2018-19 7-6-2019). Para 34 of the 2019 notification stipulated, “Borrowers who have committed frauds/ malfeasance/ wilful default will remain ineligible for restructuring. However, in cases where the existing promoters are replaced by new promoters and the borrower company is totally delinked from such erstwhile promoters/management, lenders may take a view on restructuring such accounts based on their viability, without prejudice to the continuance of criminal action ...
Basically i am a Human Rights Activist. In my crusade for justice , MAFIA of criminals - Police - Judges have tried in many ways to silence me. If anything untoward happens to me or to my family members , CHIEF JUSTICE OF INDIA together with jurisdiction police / district magistrate will be responsible for it.