WILFUL DEFAULTER. The Borrower shall, have removed its director(s), whose name(s) appear in willful defaulters list maintained by RBI or CIBIL and/ or any other authority from its Board and/ or get their names deleted from the list maintained by the aforesaid authorities.
Appears in 2 contracts
Sources: Loan Agreement (Videocon D2h LTD), Loan Agreement (Videocon D2h LTD)