India News | SC Defers Hearing to Dec 8 on Petitions for Relaxation on Loans Due to COVID-19 Pandemic
Get latest articles and stories on India at LatestLY. The Supreme Court on Thursday deferred the hearing to December 8 on a batch of petitions filed by various industry bodies for relaxation on loans due to COVID-19 pandemic.
New Delhi [India], December 3 (ANI): The Supreme Court on Thursday deferred the hearing to December 8 on a batch of petitions filed by various industry bodies for relaxation on loans due to COVID-19 pandemic.
A three-judge bench of the apex court, headed by Justice Ashok Bhushan, posted the matter for hearing on December 8.
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"We will hear the matter on December 8," the bench said today.
The top court was hearing petitions, including one filed by one Gajendra Sharma and another by lawyer-cum-petitioner Vishal Tiwari, seeking the waiver of interest on term loans and extension of the moratorium period in view of the COVID-19 pandemic and its economic impact.
The RBI, Finance Ministry and the central government had filed their respective affidavits stating that many effective and financial measures were taken and given to borrowers to ease their hardships and difficulties during this COVID-19 pandemic. (ANI)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)