SC postpones loan moratorium case hearing to Nov 5

BusinessSC postpones loan moratorium case hearing to Nov 5

Date:

SC postpones loan moratorium case hearing to Nov 5

New Delhi: The Supreme Court on Tuesday deferred the loan moratorium case hearing to November 5 on the request of Solicitor General Tushar Mehta.

“I am requesting for an adjournment considering I have a case (Central Vista) where I will be arguing”, Mr Mehta told the Court.

The pleas had sought a waiver of interest, in view of the COVID-19 pandemic, charged by banks on Equated Monthly Instalments (EMIs) which were not paid by the borrowers during the Reserve Bank’s six-month loan moratorium period.

Share post:

Subscribe

Popular

More like this
Related

How to Reactivate a Dormant Bank Account in India

A savings or current account can become inoperative when...

Hamleys Arrives in Jodhpur with Its First Store in the Blue City

The expansive 4,500 sq. ft. store at C-Road, Sardarpura,...