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FMR Infra has formed an SPV for the construction of a new airport. The company has borrowed Rs 100 crore from Smart bank. The project was stopped mid way due to some land acquisition and labour union issues. What can the bank do,to recover the lent?

11 votes

Question of the Day: M&M Ltd. purchased raw material on credit. After 6 months they paid their supplier by cheque. Which of the following accounts in its books will get affected and how?

26 votes
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