Supreme Court on Loan Moratorium And Waiver of Interest: Live-Updates of Supreme Court

There are many defaulters who were defaulters much before we even heard the name Covid, SG says

Waiver of interest is never the solution in any economy. Providing thrusts for boost of various sectors is the right way to proceed, SG says

Credit Guarantee schemes already rolled out, over a crore rolled out for getting MSME’s back on their feet etc, SG says

SG reads out measures taken under till now. He says that Middle and lower middle class wanted waiver of interests. Many bigger Corporates had issues prior to COVID and covid might hav aggravated them, says SG

India is a country with a huge population

This matter concerns with the Finance Ministry, says SG

Please mute yourself, says Justice Bhushan

Your lordships will miss the muting feature when physical hearings recommence, says SG

Specific ministries deal with specific issues. The NDMA does not require NDMA to take decision but the Ministry. Wrong to express NDMA has done nothing, SG says

Wrong to say nothing done by NDMA. No one acknowledged that I have 100 Rs. in my kitty as Centre and Banking is only one of the sectors, expenditure in public health a task, says SG

SG : RBI circulars were issued under our directions

There is a huge magnitude of relief granted and the impact if it.

If waiver is granted, a loss of 6 lakh crore will be there, SG says

Solicitor General Tushar Mehta: Have already filed written submissions