In loan moratorium and interest waiver case Senior Advocate V Giri resumed his arguments before a Supreme Court bench headed by Justice Ashok...
In loan moratorium and interest waiver case Senior Advocate V Giri resumed his arguments before a Supreme Court bench headed by Justice Ashok Bhushan
Live Updates
2020-12-09 07:06:24
9 Dec 2020 7:14 AM GMT
The plea made on December 10 that the date of moratorium be extended is not viable, says Giri
"Relationship between Borrower and Lender to decide implications"
9 Dec 2020 7:07 AM GMT
Giri is furthering the same point of argument.
He says that all that is required for a person to do to invoke the 6.8.2020 Circular's benefit is to come with a Resolution Plan (if the borrower is eligible).
9 Dec 2020 7:07 AM GMT
Yesterday, he had argued that the prudence framework was available in terms of the RBI Circulars and that the discretion to frame a resolution plan should be with the bank and not the borrower.
9 Dec 2020 7:06 AM GMT
The hearing begins.Senior Advocate VV Giri is making submissions.
