Loan Moratorium And Waiver of Interest : Live Updates From Supreme Court

Update: 2020-12-02 05:46 GMT

Loan Moratorium : Supreme Court bench led by Justice Ashok Bhushan is hearing seeking extension of loan moratorium and waiver of interest  owing to the Covid19 pandemic along-with sector-specific...

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Loan Moratorium : Supreme Court bench led by Justice Ashok Bhushan is hearing seeking extension of loan moratorium and waiver of interest  owing to the Covid19 pandemic along-with sector-specific pleas

Live Updates
2020-12-02 10:33 GMT

Bench says it will hear Solicitor General (for the Union) tomorrow.

Court is Adjourned to tomorrow.

2020-12-02 10:32 GMT

Bench says that the matter will be taken up tomorrow, “but we are only sitting up to 3 PM”.

Many misconceptions that we need to clear, we will need more time, Senior Advocate Harish Salve says

2020-12-02 10:28 GMT

RBI ought to act, Centre duty bound to act and the constitutional principles of Socioeconomic justice have to be looked at, says Luthra

2020-12-02 10:27 GMT

Luthra cites some judgments.

2020-12-02 10:27 GMT

Senior Advocate Sidharth Luthra now makes submissions.

“The issue here is we run a hotel in Kolkata and we were on a credit facility. Despite RBI policy, govt allowed vast discretion..”

2020-12-02 10:04 GMT
RBI ought to have applied more mind, many countries rolled out specific reliefs but what do we get? Our relationship is left to be governed by banks, Adv. Ashish Virmani says
2020-12-02 09:46 GMT

Overwhelming public interest points to specific impact on the Real Estate Sector, says Manoharan

Already been pointed out, Justice Bhushan says

2020-12-02 09:46 GMT

Adv Govind Manoharan Argues for CREDAI Tamil Nadu Chapter

2020-12-02 09:46 GMT

The power under section 21 read with 21A is a power coupled with duty, Kishore says

2020-12-02 09:46 GMT

Adv Pranjal Kishore makes submissions

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