In what way declaration of non payment of interest for 90 days converting it N

In what way declaration of non payment of interest for 90
days converting it NPA will affect the running the business?

Question Posted / bhavaniraj

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In what way declaration of non payment of interest for 90 days converting it NPA will affect the r..

Answer / sridhar

No it will not affect the business...
before covering the interest payment the proper notice
should be submitted as per company act 1956

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