wilful defaulter means a person or an issuer who or which is categorized as a wilful defaulter by any bank or financial institution (as defined under the Companies Act, 2013) or consortium thereof, in accordance with the guidelines on wilful defaulters issued by the Reserve Bank of India;
wilful defaulter means an issuer who is categorized as a wilful defaulter by any bank or financial institution or consortium thereof, in accordance with the guidelines on wilful defaulters issued by the Reserve Bank of India and includes an issuer whose director or promoter is categorized as such.
wilful defaulter shall have the meaning ascribed to it under the SEBI ICDR Regulations;
Examples of wilful defaulter in a sentence
We further confirm that none of our companies/promoters/directors appear in ECGC Specific Approval List, RBI Caution List, RBI Wilful Defaulter List (Suit filed as well as non-suit filed) and CIBIL Defaulter List, updated from time to time.
Provide details of presence in RBI’s Defaulter and Wilful Defaulter Lists, SEBI Debarred List and CIBIL Score.ii.
Wilful Defaulter Our Company, our Directors and/or our Promoter have not been categorised as a wilful defaulter by the RBI, ECGC, any government/regulatory authority and/or by any bank or financial institution nor are they in default of payment of interest or repayment of principal amount in respect of debt securities issued to the public, for a period of more than six-months.
We further confirm that none of our companies/promoters/directors appear in RBI Caution List, RBI Wilful Defaulter List (Suit filed as well as non-suit filed), Credit Information Bureau India Ltd.
Provide details of presence in RBI’s Defaulter and Wilful Defaulter Lists, SEBI Debarred List and CIBIL Score.
More Definitions of wilful defaulter
wilful defaulter here means a person or an issuer who or which is categorized as a wilful defaulter by any bank or financial institution (as defined under the Act) or consortium thereof, in accordance with the guidelines on
wilful defaulter means a person who is categorised as a wilful defaulter by any bank or financial institution or consortium thereof, in accordance with the guidelines on wilful defaulters issued by the Reserve Bank of India.
wilful defaulter means a person or an issuer who or which is categorized as a wilful defaulter by any bank or financial institution (as defined under the Act) or consortium thereof, in accordance with the guidelines on wilful defaulters issued by the RBI. • Relationship with Struck off Companies-Where the company has any transactions with companies struck off under section 248 of the Companies Act, 2013 or section 560 of Companies Act, 1956, the Company shall disclose the following details:-Name of struck off CompanyNature of transactions with struck-off CompanyBalance outstandingRelationship with the Struck off company, if any, to bedisclosed Investments in securities Receivables Payables Shares held by stuck off company Other outstanding balances (to bespecified) • Registration of charges or satisfaction with Registrar of Companies-Where any charges or satisfaction yet to be registered with ROC beyond the statutory period, details and reasons thereof shall be disclosed. • Compliance with number of layers of companies-Where the company has not complied with the number of layers as prescribed under clause (87) of section 2 of the Act read with Companies (Restriction on number of Layers) Rules, 2017, the name and CIN of the companies beyond the specified layers and the relationship/extent of holding of the company in such downstream companies shall be disclosed. • Following Ratios to be disclosed and the company shall explain the items included in numerator and denominator for computing the above ratios. Further explanation shall be provided for any change in the ratio by more than 25% as compared to the preceding year.Curren Debt-t ratio EquityRatioDebt Servic cove ge ratioeraReturn Inventon oryEquity TurnoRatio ver ratioTrade Receiv ables Turno ver RatioTrade Payabl esTurn over RatioNet capital turnov er ratioNet profot ratioReturn on capital emplo yedReturnInvesontment• Compliance with approved Scheme(s) of Arrangements- Where any Scheme of Arrangements has been approved by the Competent Authority in terms of sections 230 to 237 of the Companies Act, 2013, the Company shall disclose that the effect of such Scheme of Arrangements have been accounted for in the books of account of the Company ‘in accordance with the Scheme’ and ‘in accordance with accounting standards’ and deviation in this regard shall be explained. • Utilisation of Borrowed funds and share premium-• The company is required to disclose-
wilful defaulter means any person who is categorized as a wilful defaulter by any bank or financial institution or consortium thereof, in accordance with the guidelines on wilful defaulters issued by the RBI and includes any person whose director, promoter or principal officer is categorized as such. ISSUE OF NON-CONVERTIBLE REDEEMABLE PREFERENCE SHARES CONDITIONSA Company cannot make any public issue of non-convertible redeemable preference shares if –
wilful defaulter means an issuer who is categorized as a wilful defaulter by any bank or financial institution or consortium thereof, in accordance with the guidelines on wilful defaulters issued by the Reserve Bank of India and includes an issuer whose director or promoter is categorized as such. ‘Promoter’ shall have the same meaning as defined under the Companies Act, 2013 and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended and the term ‘promoter group’ shall have the same meaning as defined under the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended.
wilful defaulter means an entity/person who is categorized as a wilful defaulter by any bank or financial institution or consortium thereof, in accordance with the guidelines on wilful defaulters issued by the RBI;
wilful defaulter means a Person who is categorized as a wilful defaulter by any bank or financial institution or consortium thereof, in accordance with the Master Circular on Wilful Defaulters issued by the Reserve Bank of India (as amended from time to time) and includes a Person whose director or promoter is categorized as such.