(RBI CIRCULAR ON LOAN MORATORIUM)

#SupremeCourt will resume its hearing on the batch of petitions seeking relief in the form of extension of moratorium period beyond six months or waiver of interest on interest.

@RBI #LoanMoratorium
.@RBI had earlier informed #SupremeCourt that it has asked all banks to be guided by an October 23 "Scheme for grant of ex gratia payment of difference between compound interest and simple interest for six months to borrowers in specified loan accounts.”
The scheme would apply for the 6 month period from March 1, 2020 to August 31, 2020.

#loanmoratorium
#COVID19
Advocate Rajiv Dutta: I am extremely grateful to Centre and RBi Solicitor-General for holding the hands of the borrowers. Please dispose off my writ in wake of the affidavits
ASG Venkataraman: SG Mehta is on his legs and has an occupational contraint. He is the #centralvista matter
Dr Abhishek Manu Singhvi: can the court hear me on powers since SG has been heard at length

SC: we are adjourning it. We will hear this on November 18.

@RBI
Senior Adv VV Giri for RBI: RBI seeks lifting restriction on classifying loans as NPAs. If on the next day also SG has some difficulty please here our submissions.

Matter on November 18
SC: Counsels are permitted to circulate short notes on the submissions.
Senior Adv Rajiv Dutta for individual borrowers says they are satisfied with govt's pay-back scheme rolled out from Nov 5. Seeks disposal of his case.

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More from @barandbench

6 Nov
A virtual seminar titled "Feminist Lawyering: From Invisible To Invincible" organized by the Delhi High Court Women Lawyers Forum will shortly begin. Image
Senior Advocate Indira Jaising and Advocate Nitya Ramakrishnan will be the speakers for the event.
The session begins.
Read 4 tweets
6 Nov
#BombayHighCourt will hear the plea of #ArnabGoswami Editor-in-Chief of Republic TV challenging his arrest by Maharashtra Police today.

Bench of Justices SS Shinde and MS Karnik will begin hearing the plea at 3 pm today.

@republic
@MumbaiPolice Image
Notice was issued in his plea in the previous hearing as the Court was not inclined to grant a hearing unless the Respondents can be heard.

Akshata Naik - the complainant in the FIR of the abetment of suicide case was also impleaded in the plea.

Read: barandbench.com/news/bombay-hi…
Hearing begins.
Read 45 tweets
6 Nov
Delhi High Court begins hearing on Mohit Saraf-Rajiv Luthra dispute #SarafvLuthra #DelhiHC Image
The Court had earlier asked the parties to try mediation to resolve their differences and appointed Senior Advocate Sriram Panchu as the mediator. On Monday, Justice V Kameswar Rao was informed that mediation had failed.
Senior Advocate Parag Tripathi arguing for Saraf. Speaks about 90-day notice for expulsion from firm.
Read 22 tweets
6 Nov
#SupremeCourt bench led by CJI SA Bobde hears plea filed against Jharkhand Rajya Sabha hopeful Pradeep Kumar Sonthalia @PradeepSonthali against election of sitting RS member Dhiraj Prasad Sahu.

Petition in Supreme Court says Sahu "illegally occupying chair"
Petition seeks orders to Election Commission to submit voting numbers before SC. Claims that Sonthalia had recieved more votes, voter had been disqualified from assembly.
Senior Advocate Mukul Rohatgi appears for Sonthalia.
Read 10 tweets
6 Nov
CJI SA Bobde led bench of the #SupremeCourt to pass orders on “segmented” tariffs, plans offered by telecom operators to a targeted slice of their subscribers.

Segmented tariffs are plans offered to users who wish to leave a network as retention sops.

#TRAIvsAitlrtel Image
The plea by the Telecom Regulatory Authority of India (TRAI), seeks details from Bharti Airtel and Vodafone Idea on segmented, or specific, offers made by the telecom companies to their subscribers.
The plea was opposed by telecom companies Bharti Airtel and Vodafone Idea on the ground that it would violate commercial confidentiality and help rivals poach their subscribers.
@airtelnews @vodafone
Read 4 tweets
6 Nov
[Transwoman's plea against exclusion of transgender persons from NCC enrollment] Kerala High Court will hear the matter on Thursday next week.
barandbench.com/news/litigatio…
Today, the Court queried the Central Government Counsel on why the petitioner's application for enrollment as a female was being denied.

This was unacceptable, especially as the person identified as female and the female category was recognised by the NCC Act.
The Counsel submitted that the NCC's objections were to the fact that she was a transperson, but that he needed further instructions on the exact nature of their objections.
Read 4 tweets

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