SBI

The Supreme Court bench of Justices Ashok Bhushan, R. Subhash Reddy and M.R. Shah on Wednesday heard the loan moratorium case arguments. The hearing will continue on Thursday.

The National Company Law Tribunal (NCLT) has given permission to pursue bankruptcy proceedings against Anil Ambani. This order has come against him due to the State Bank of India (SBI) not being able to recover loans of Rs 1,200 crore.

The Supreme Court has sought an explanation from its Registry as to why review petition filed by Vijay Mallya against the judgment of May 2017 wherein he was found guilty of contempt for not paying Rs 9000 crore to banks, was not listed before the court for last three years.

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