Supreme Court Relieves Borrowers: No Compound Interest During Moratorium Period (27 November 2020)

/ Ashok Bhushan, Constitution of India, Constitution of India with Article 21, COVID-19 Pandemic, Disaster Management Act, 2005, Disaster Management Act, 2005 with Section 6, Financial Law, Fundamental Rights, Government Relief Measures, Judges, Loan Moratorium, M.R. Shah, R. Subhash Reddy, Reserve Bank of India Notifications

Supreme Court Relieves Borrowers: No Compound Interest During Moratorium Period LEGAL ISSUE: Whether interest should be charged on loan amounts during the moratorium period declared due to the COVID-19 pandemic. CASE TYPE: Public Interest Litigation, Financial Law Case Name: Gajendra Sharma vs. Union of India and Anr. Judgment Date: 27 November 2020 Date of the […]

Supreme Court Relieves Borrowers: No Compound Interest During Moratorium Period (27 November 2020) Read Post »