Loan Moratorium And Waiver of Interest : Live Updates From Supreme Court
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...
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
Bench says it will hear Solicitor General (for the Union) tomorrow.
Court is Adjourned to tomorrow.
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
RBI ought to act, Centre duty bound to act and the constitutional principles of Socioeconomic justice have to be looked at, says Luthra
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..”
Overwhelming public interest points to specific impact on the Real Estate Sector, says Manoharan
Already been pointed out, Justice Bhushan says
The power under section 21 read with 21A is a power coupled with duty, Kishore says