payment of exitors as already announced by the company
Dear Speak Asians,
There seems to be some confusion amongst the panelist regarding the update of Ashok Sir and the prayer of WP 383/2011 . You have to read the whole update collectively and cohesively and not in parts or portions. The effective situation is such that we can assume that we are moving towards the payment of exitors as already announced by the company. This assumption is based on the many things including the direction which the courts are taking and the Mediation Process. The payment of earned RP's has not yet been announced by the company and nor directed by the courts as yet and we can assume that to happen as and when it is announced by the company.
Thanks & Regards,
Anand Prasad
This basic understanding will give merchants the important basics for the policies and procedures concerning the processing of credit card payments. PPI Claims helpline
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