Recoverability

DHFL mentioned in its results filing on Thursday it had provisioned Rs 2,392 crore as a prudent measure on the uncertainty of recoverability by the way of unsecured inter corporate deposits (ICDs).

He said LVB is facing an existential crisis and the secrecy clause for the banking industry will not apply now and it is a fit case to declare the details of NPA in public domain without which the recoverability of the loans cannot be understood.

Moreover, there is a need to expand the limited scope of the Nigerian VAT system into a classical system that would also address the recoverability of VAT for service companies beyond the current system that more or less mirrors a simple sales tax regime.

This is in order to optimise the plant design to maximise recoverability, form the basis for preparing the required process flow and quantify the capital estimates in relation to a production scale plant.

Besides the equipment, the crew also has a vital role in recoverability.

Recoverability refers to vessel’s ability to restore and maintain its functionality after sustaining damage.

This provided a basic level of security and recoverability from programming errors.

This situation might sometimes be a disadvantage, but for recoverability, it is a significant advantage.