'Levy Of Interest During Moratorium Takes Away Benefit' : Plea In SC Challenges May 22 Circular Of RBI [Read Petition]
LIVELAW NEWS NETWORK
1 Jun 2020 8:26 PM IST
![Levy Of Interest During Moratorium Takes Away Benefit : Plea In SC Challenges May 22 Circular Of RBI [Read Petition]](https://www.livelaw.in/h-upload/2019/04/02/750x450_359587-rbi-and-sc.jpg "Levy Of Interest During Moratorium Takes Away Benefit : Plea In SC Challenges May 22 Circular Of RBI [Read Petition]")
Challenging Levy Of Interest During Moratorium Period
The Maharashtra Chambers of Housing Industry – Thane Unit has approached the Supreme Court of India vide a Writ Petition under Article 32 of the Constitution of India challenging the decision of the Reserve Bank of India to allow levy interest during the 6-month moratorium period announced in the wake of COVID-19 lockdown.The MCHI – Thane Unit is an association of the real estate...
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