New Delhi (ILNS): Solicitor General Tushar Mehta today told the Supreme Court that the government will ensure that those who paid up during the moratorium period are not short-changed. Will ensure those who paid during moratorium aren't short-changed.
The Delhi High Court today held that that Banks/Financial Institutions can initiate and continue the proceedings against the guarantor for recovering their dues under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 .
New Delhi (ILNS): The Supreme Court will hear a public interest litigation filed by the 'Federation of Self-Financing Technical Institutions (All-India)', seeking extension of the moratorium to all the loan accounts of all technical Institutions across India, without discrimination or classification.
A bench of Justice A. M. Khanwilkar and Justice S. Ravindra Bhat will hear the matter. The matter was listed previously on October 26, when, at the request of Senior Advocate Aryama Sundaram for the petitioners, the matter was adjourned for three weeks.