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MORATORIUM PLEA
NCLT admits SBI plea for personal insolvency proceedings against Anil AmbaniMumbai NCLT has admitted SBI's plea to start personal insolvency proceedings against Anil Ambani. This follows a Rs 1,200 crore claim by th...- NCLT admits insolvency plea against Supreme Housing & HospitalityThe National Company Law Tribunal has admitted Canara Bank's insolvency plea against Supreme Housing and Hospitality. The real estate firm ...
- Insolvency law not a recovery mechanism, Supreme Court reiterates in key IBC rulingIn a landmark decision, the Supreme Court has clarified that insolvency law is not intended for the mere pursuit of debt recovery. It highl...
- NCLT to hear Go First lessors' plea, directs IRP to file reply in one weekThe National Company Law Tribunal (NCLT) has asked the interim resolution professional (IRP) of Go First, the Wadia group firm, to respond ...
- Go First seeks faster action on moratorium pleaSenior counsel P Nagesh, while appearing for the budget airline, made an oral request on Monday to the principal bench of the National Comp...
- IBA reaches out to govt for refund of compound interest waiver by banksCompound interest support scheme for loan moratorium cost the government Rs 5,500 crore during 2020-21, and the scheme covered all borrower...
- India's public banks may have to take Rs 2,000 crore hit after SC order on interest waiverCompound interest support scheme for loan moratorium cost the government Rs 5,500 crore during 2020-21 and the scheme covered all borrowers...
- Loan moratorium: RBI urges SC to lift interim order banning declaration of NPAsIn a relief to stressed borrowers who are facing hardships due to the impact of COVID-19 pandemic, the apex court had passed the interim or...
- SC defers hearing to November 5 on pleas related to loan moratorium schemeThe Reserve Bank of India and the Finance Ministry have already filed separate additional affidavits in the apex court saying that the bank...
- Supreme Court asks Centre to clarify stand on interest waiver during moratoriumThe top court observed that it appears the Centre is hiding behind the Reserve Bank of India's decision on this issue, especially when it h...
- All kind of loans and contractual transactions can't be put under moratorium: SEBI to SCSEBI filed an affidavit in this regard in the apex court which had sought its stand on a plea which sought a clarification on whether the R...
- SC seeks finance ministry's reply on waiver of interest on loans during moratorium periodThe top court said there are two aspects under consideration in this matter - no interest payment on loans during the moratorium period and...
- Supreme Court issues notice to Centre, RBI on plea against interest on loans during moratoriumThe counsel argued that borrowers should not be penalised like this and banks should not add interest on the loan amount during the morator...
- SC seeks reply of Centre, RBI on plea of CREDAI on loan moratoriumA Supreme Court bench sought response of the Reserve Bank of India and others on the plea of Confederation of Real Estate Developers' Assoc...
- Plea in SC challenging RBI circular on 3-month moratorium on loan repaymentRBI had issued the circular giving liberty to all banks and financial institution to allow a moratorium of three months on payment of insta...
- Clarify about RBI moratorium on NBFCs before demanding loan instalment from Indiabulls: HC to SIDBIDelhi High Court has asked SIDBI to ascertain whether RBI's moratorium on loan repayment in the wake of COVID-19 outbreak would be applicab...
- Yes bank can't declare firm NPA for non payment of loan due to coronavirus: HCJustice Sanjeev Sachdeva, who conducted the hearing through video conferencing, took on record the statement made by the counsel for Anant ...
- NCLAT to hear plea over moratorium on dues recovery from IL&FS on January 28A two-member bench headed by Justice S J Mukhopadhaya adjourned the matter after briefly hearing the submissions from IL&FS group and its l...
- Lenders oppose moratorium against IL&FS at NCLATThe banks have also asked the appellate tribunal to allow them not to classify IL&FS account as NPA in case of non-payment.
- India asked to renew moratorium on capital punishmentAn eminent human rights body today asked India to immediately stop impending executions and renew its moratorium on capital punishment.
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