Capital markets regulator Sebi has segregated dues to the tune of Rs 76,293 crore under “difficult to recover” category at the end of March 2024, marking an increase of 4 per cent from the preceding year.
Of this, a huge chunk is on account of cases pending before court-appointed committees.
Difficult to recover (DTR) dues are those that could not be recovered even after exhausting all modes of recovery.
“Segregation of such DTR dues is purely an administrative act and this will not preclude the recovery officers from recovering the amount so segregated as DTR as and when there is a change in any of the DTR parameters,” Sebi said in its annual report for 2023-24.
As of March 31, 2024, Sebi identified 807 cases as DTR, with a total outstanding of Rs 76,293 crore, up from 692 cases amounting to Rs 73,287 crore the previous year, according to the report.
Among these 807 cases, 36 are pending due to ongoing proceedings in State PID courts, National Company Law Tribunal (NCLT), Nationa
Subscribe To Our Free Newsletter |