Anyone currently in default or delinquent on payments to the FCC is not allowed to bid, but previous defaulters can participate so long as it is "otherwise qualified and makes an upfront payment that is 50% more than would otherwise be necessary." Source: Internet
Any uncharged insolvents, wilful defaulters, fugitive economic offenders and the like will also not be eligible. Source: Internet
Finance Minister Nirmala Sitharaman has rebutted Congress' allegations on wilful defaulters, bad loans and write-offs, saying the grand old party was trying to mislead people in a brazen manner. Source: Internet
Even though KRA says no penalties will meted on defaulters during the transition period, late payment will attract a 5% penalty whereas late filing will attract a 5,000 shillings penalty per month. Source: Internet
“Segregation of NPAs for recovery will facilitate initiating criminal action against the defaulters and also those accountable for lapses and for failed governance issues. Source: Internet
Ahead of meet, Shiv Sena mouthpiece calls Amit Shah, PM Modi 'wilful defaulters' Source: Internet