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Authors: Thakkar, Ritesh

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Nayan Parikh & Consultants: Loan against Shares
Authors: Varma, Jayanth R; Parikh, Nayan; Thakkar, Ritesh;

Reference No: F&A0564 Pages: 13 Published on: 24, December, 2021

Abstract: In March 2021, Nayan Parikh & Consultants (NPC) has to decide how to recover the loan that it had extended to Shrenikbhai Vimawala, Chairman and Managing Director, Shrenik Limited against a pledge of Shrenik shares. When NPC granted the loan to Vimawala a year earlier, it was to be paid back within 3 ... More

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