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MANRAJ HOUSING FINANCE LTD. - APPROVAL OF ARC SETTLEMENT
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13 Feb 2021
&quot;RESOLVED THAT pursuant to applicable provisions of the Companies Act, 2013 and provisions contained in the Articles of Association of the company, consent of the board of Directors of the Company be &amp; is hereby accorded for settling the loan accounts of JPCBL assigned to ARC Company&lt;BR&gt; ASREC (INDIA) UMITED, on the terms and conditions of settlement offer given by the board vide letter dated 12th February 2021 and OTS offer cum sanction letter dated 12/02/2021 received from the ARC and same is tabled before the meeting for identification and initiation.&lt;BR&gt; RESOLVED FURTHER THAT Mr. Manish Ishwarlal Jain, Authorised representative of the company be&lt;BR&gt; and is hereby authorized to sign, execute all the required documents, deed, correspondences on behalf&lt;BR&gt; of the company and to deal with ASREC (India) Limited to expedite the matter.
View all announcements for MANRAJ HOUSING FINANCE LTD. Source: BSE India