Business Standard

Plea filed with SC seeking moratorium of 6 months on repayment of bank dues

It is not clear yet if the plea has been admitted by the Court, and if so, what further action the RBI could take

Supreme Court
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According to the report, the plea, filed by Advocate Vishal Tiwari has urged the Court to direct all financial institutions not to take action for auctioning of any property of citizens of any party for a period of six months.

Anup Roy Mumbai
A plea has been filed with the Supreme Court seeking a moratorium of six months on the repayment of bank dues owing to the second wave of the Coronavirus (Covid-19).
 

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