answersLogoWhite

0

The Artha-Rin Adalat Ain, enacted in Bangladesh in 2003, is a legal framework designed to address and resolve issues related to loan defaults and insolvency. It establishes procedures for the recovery of debts, primarily focusing on financial institutions and borrowers. The law aims to balance the interests of creditors and debtors while facilitating a more efficient credit environment in the country. It also includes provisions for the protection of borrowers' rights during the recovery process.

User Avatar

AnswerBot

6d ago

What else can I help you with?