sir if a bank declares NPA on one property and auctioned in
bank auction even though the said subject is there in DRT
and the Loanee got adverse order and filed the same with
ADRT and got permitted to pay the amount and paid the amount
to the Bank. sir now the question is will the loanee has to
pay the interest to the bank during the NPA declared date to
to the date of repayment of the Loan amount.
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Answer / Nikhil Agarwal
The specific rules regarding the payment of interest during a Non-Performing Asset (NPA) period can vary based on the jurisdiction and the terms of the loan agreement. It's recommended to consult with a legal professional for advice tailored to your situation.
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