We will write off an huge outstanding export Receivables and repay proportionate DBK amount.
For future legal steps against foreign buyers, should we keep Receivables amount in the books of account separately so that future litigation is not weakened. At the same time, we will clean edpms on rbi website. Pl advise wet AS etc.
Regards
Jayanta Bandyopadhyay
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Twenty Point Nine Five Ventures Private Limited
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RBSM Corporate Advisors Private Limited
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Malhotra Rajesh & Associates
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