Kerala Govt. notified regarding the Margin Money Loan One-Time Settlement Scheme

Mar 21, 2023 | by TeamLease RegTech Legal Research Team

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Industry Specific Compliance

The Government of Kerala on March 21, 2023, issued a notification regarding the Margin Money Loan One-Time Settlement Scheme.

The following has been stated namely: -

• A one-time settlement scheme has been announced to help entrepreneurs who have failed to settle their margin money loans taken through the Department of Commerce and Industry

• Loan arrears can be settled between March 13, 2023, and June 3, 2023

 

 

 


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