Loan Moratorium And Interest Waiver - Live Updates from Supreme Court

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9 Dec 2020 12:36 PM IST

  • Loan Moratorium And Interest Waiver - Live Updates from Supreme Court

    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

    • 9 Dec 2020 12:44 PM IST

      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 12:37 PM IST

      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 12:37 PM IST

      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 12:36 PM IST

      The hearing begins.Senior Advocate VV Giri is making submissions.

      He appears for RBI

      .

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