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Sep 28, 2020, 5 tweets

RBI MORATORIUM ON LOAN REPAYMENT:

Supreme Court takes up for hearing petition which had challenged the interest component on loan moratorium

#SupremeCourt @RBI

Solicitor Tushar Mehta at the outset apologises to the Bench.

Mehta: The govt is at a very advanced stage in its decision making process.

(The Court had last time asked Mehta to submit an affidavit detailing all the steps to be taken by FinMin and RBI on the issue)

Mehta seeks some more time to place the details requisitioned by the Court on record.

Mehta reiterates that the decision making is at an advanced stage.

"Some things are beyond my control"

Supreme Court indicates that the Centre and RBI may be given more time as requested to place the decisions on record.

Senior Counsel Rajiv Dutta for the petitioner argues that the case should be heard and listed as early as possible.

#SupremeCourt @RBI @FinMinIndia

Supreme Court takes on record SG Mehta's submissions that more time js needed for the decisions to be placed on record.

Supreme Court to hear the matter on Monday, October 5.

#SupremeCourt @RBI @FinMinIndia

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