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
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2020-12-02 05:46:42
2 Dec 2020 8:46 AM GMT
Economic substratum of the Real Estate industry is in the doldrums, Sibal says
2 Dec 2020 8:46 AM GMT
RBI is saying that the borrower & lender will decide among themselves, says Sibal
2 Dec 2020 8:45 AM GMT
State of the economy states that there will be havoc by December 10, Sibal says while reading a report of the Financial Express
2 Dec 2020 8:38 AM GMT
Sibal reads out a piece from Financial Express.
2 Dec 2020 8:37 AM GMT
Bench assembles.
Sibal continues arguments on behalf of CREDAI.
2 Dec 2020 7:36 AM GMT
The bench has now risen for lunch.
2 Dec 2020 7:28 AM GMT
Obligation of the State and RBI to apprise the Court regarding the state of the industry, not doing so is dereliction of duty, Sibal says
SG interjects.
Can your colleague send it to me? he asks
I will have it sent again, thought it was already sent, Sibal says
2 Dec 2020 7:23 AM GMT
The decisions must be taken by your lordships, while keeping the nitty-gritties out, says Sibal
2 Dec 2020 7:23 AM GMT
There was no business and a moratorium was given, why did a standard account become an NPA on September 1?
This is violative of Article 19(1)(g), Sibal says
2 Dec 2020 7:22 AM GMT
Union has not applied its mind to the data which it has access to. It has jurisdiction to deal with banks. Entry No. 36 of List I, Entry 38 of List 1 and Entry 46 of list 1 gives exclusive jurisdiction, read with Art. 246 of the Constitution, Sibal says
