TMI BlogCredit Rating Rationales - factors required to be considered by ICRA while deciding the rating - As...Credit Rating Rationales - factors required to be considered by ICRA while deciding the rating - As opinion of ICRA is rendered after taking into account all positive or negative factors and that it is an opinion rendered by experts in the field, this Court will not, unless the said opinion is perverse, arbitrary and mala fide, interfere in the same as a mathematical calculation of a credit rating is not possible - if the opinion is intelligible, convincing, and based on reasoning, no decree dec..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
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