hello
I have this query from a NBFC perspective
when we receive a repayment from the account which is already written off (D6+ for example as per our company policy)
and because of the repayment, actually his bucket can be D0, can this case be reinstated?
or
do we need to continue as recovery from written off assets?
please help
thanks
Recovery from written off assets
Sangita Jani (associate vice president ) (121 Points)
15 April 2022