[Loan Moratorium And Waiver of Interest] Live Updates From Supreme Court

LIVELAW NEWS NETWORK

19 Nov 2020 7:17 AM GMT

  • [Loan Moratorium And Waiver of Interest] Live Updates From Supreme Court

    Justice Ashok Bhushan led bench is hearing plea(s) seeking extension of the Covid19 induced loan moratorium & waiver of accruing...

    Justice Ashok Bhushan led bench is hearing plea(s) seeking extension of the Covid19 induced loan moratorium & waiver of accruing interest.

    Live Updates

    • 19 Nov 2020 7:22 AM GMT

      Senior Advocate Rajiv Dutta for individual borrowers: Very grateful for holding the hand of individual borrowers.

      If you are so grateful, withdraw the petition, says Justice Bhushan

    • 19 Nov 2020 7:21 AM GMT

      On the last date of hearing,RBI had informed top court that it was facing difficulties due to the interim order which had imposed restrictions on classifying those accounts as NPA’s which were not classified thus as on August 31, 2020.

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