Special Incentives and facilities to Mega Projects under III Policy 2012 'Samadhan Divas' started by State Level Udyog Bandhu every First & Third Thursday Help Line implemented for resolution of issues of entrepreneurs, businessmen and investors of ...... Formats for Mega Projects Draft Property Management (Industrial Land) Rules & Regulations, 2014 To encourage mega projects in the state INDUSTRIAL ASSETS AVAILABLE FOR SALE Entry Strategies for Foreign Investors NRI Cell at Udyog Bandhu Vacant Land with Govt. Deptt. Restructuring of State, Division & District level Committies of Udyog Bandhu Strengthening of Udyog Bandhu Golden Card Scheme

 

 

 One Time Settlement - PICUP - March-2010.

 

 

REVISED/PROPOSED GUIDELI_ES OF OTS 2010

 

The present OTS guidelines which were revised /modified in the year 2009 were valid up to 5.11.2010 but the Board has extended the validity period up to 31.12.2010/up to the date of Board meeting (whichever is earlier), by circulation. While approving the existing guidelines of OTS the Board had desired that these guidelines be reviewed after one year and if  required necessary modifications/amendment put up for consideration & decision. The existing OTS guidelines were prepared keeping in view the quality of residual portfolio, the most of which consisted of D-3 and Loss Assets Category. While reviewing the guidelines and its results it is observed that the recovery of the Corporation up to 15.11.2010 has improved by about 25% over the recovery of corresponding period of last year up to 15.11.2009.

 

 Sale Policy - UPFC – 2010. 

GUIDELINES AND PROCEDURES FOR SALE OF UNITS UNDER SECTION 29 OF SFCs ACT.

 

(i)           Issue of Notice U/S. 29

 

After persistent persuasion by way of personal contacts, letters and subsequent reminders, if borrower does not take tangible steps to regularize the account notice u/s 29 is issued by the Regional Manager giving time of 30 days for clearance of overdues of the Corporation. Normally the notice U/s 29 is issued after default (of principal and/or interest) of 2 to 3 quarters. Notice U/s.29 can be issued for against prime as well as collateral security. 

 

    One Time Settlement - UPFC - 2010.

 

ONE TIME SETTLEMENT OF NPAs

 

 The present OTS guidelines which were revised /modified in the year 2009 were valid upto 5.11.2010 but the Board has extended the validity period upto 31.12.2010/upto the date of Board meeting (whichever is earlier), by circulation. While approving the existing guidelines of OTS the Board had desired that these guidelines be reviewed after one year and if required necessary  modifications/amendment put up for consideration & decision. The existing OTS guidelines were prepared keeping in view the quality of residual portfolio, the most of which consisted of D-3 and Loss Assets Category. While reviewing the guidelines and its results it is observed that the recovery of the Corporation upto 15.11.2010 has improved by about 25%  

 

 

 

 

Infrastructure & Industrial Development Department

Government of Uttar Pradesh, 4th Floor,

Shri Lal Bahadur Shashtri Bhawan,

Sarojini Naidu Marg,

Lucknow- 226 001. (U.P.)


Phone No:- 91-522-2238283/2239530

Fax No:- 91-522-2238255

Email :-idc.up@nic.in

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