A Public Interest Litigation has been filed in the Supreme Court seeking directions to the Union of India and Reserve Bank of India to permit banks to offer a moratorium on payments to borrowers for the period of June to August.
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.
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 single-judge bench of Calcutta High Court while hearing a petition filed by Soumitra Kanti Dey directed real estate group Emaar India Limited to pay a penalty of Rs 40 crore and plant 100 trees for illegally cutting down 62 trees.