Relaxation from default recognition due to restructuring of debt

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..... cognize default based on the guidance issued vide SEBI circulars dated May 3, 2010 and November 1, 2016 . Further, SEBI vide circular dated March 30, 2020 had provided for relaxation from recognition of default owing to moratorium permitted by RBI and lockdown due to COVID-19 pandemic. 2. The Reserve Bank of India (RBI), vide notification no. RBI/2020-21/16 DOR.No.BP.BC/3/21.04.048/2020-21 d .....

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