Supreme Court takes turn tomorrow on loan moratorium BANK NEWS

 

Supreme Court takes turn tomorrow on loan moratorium
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New Delhi: Today on October 13 the Supreme court continues the hearing on petitions seeking interest waiver during the loan moratorium period, the bench headed by the Justice Ashok Bhushan. R Subhash Reddy and MR Shah are also on the SC bench.

 

SC has to go through a total of 24 other cases to consider, before arriving at the interest waiver case. So far, SC has heard 23 of the 24 cases and only 1 more case to be heard by Justice Bhushan led bench of SC, before considering the interest waiver case

 

Now the supreme court will hear this case tomorrow, The Supreme Court has adjourned its hearing on a batch of petitions seeking interest waiver during the loan moratorium period to October 14 (tomorrow). 

 

The three-judge bench comprising of Justices Ashok Bhushan, R. Subhash Reddy & MR Shah will hear pleas seeking a waiver of accruing interest during the six-month loan moratorium period. 

 

The first hearing was conducted on October 5 and the hearing on October 13 (today) was deferred as Judge Bhushan is required to sit in a different combination of Judges in the post-lunch session. 

 

SC mentions the matter will be taken up tomorrow. No time available post-lunch.

 



Posted Date :  13-10-20

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