moratorium – Lawcutor

Can a Moratorium under Section 14 of Insolvency Bankruptcy Code, leave petitioners without any remedy

In the case of Anjali Rathi v. Today Homes & Infrastructure Pvt. Ltd , the petitioners (Anjali Rathi) were to be given possession of apartment in the Canary Greens, housing…

Permission seeked from the Delhi High Court to set up new pharmacy college: Refused

The petitioner filed an interim relief for the purpose of setting up pharmacy colleges for the new admission for the batch of 2020-21, to which the counsel for the petitioners…

SC postpones the hearing on loan moratorium pleas until 5 November

The Tuesday hearing of a batch of pleas relating to the interest payment of banks against EMI's that were not paid by borrowers who took advantage of the RBI loan…

Centre informs SC of waiver of compound interest for loans up to Rs. 2 crores

Replying to a plea challenging the interest on interest for loans in a notification dated March 27, the Centre has informed the Supreme Court of its decision to waive compound…

LOAN MORATORIUM CAN BE EXTENDED FOR 2 YEARS: CENTRE TO SUPREME COURT

The moratorium period on repayment of loans can be extended by two years as per the RBI's circular, informed the Supreme Court. The extension is allowed on the grounds of…

To extend the deadline of moratorium on loan repayment lawyers moves to SC

On account of the economic crisis faced by various sectors A lawyer has moved the Supreme Court seeking a direction for the Reserve Bank of India (RBI) to extend the…

IBC ORDINANCE 2020: SUSPENSION OF INSOLVENCY PROCEEDINGS FOR 6 MONTHS

The ordinance issued today effective immediately, suspends initiation of any fresh proceedings om insolvency for period of 6months, this ordinance acts as a shield to the companies. Section 7, 8…