Home / Politics / News /  SC adjourns hearing of plea seeking loan waiver

NEW DELHI : The Supreme Court on Friday adjourned hearing on a batch of petitions seeking relief on the six-month loan repayment moratorium announced during the pandemic. The court, however, disposed of a petition by a borrower Gajendra Sharma who had expressed his satisfaction on the measures taken by the Centre to redress the grievances.

“The Union of India having taken specific measures vide its circular dated 23.10.2020, which has been brought on the record and follow-up measures have also been taken in consequence thereof, we dispose of the present writ petition with directions to the respondents to ensure that all steps be taken to implement the decision dated 23.10.2020 of the Government of India, Ministry of Finance so that benefit as contemplated by the Government of India percolates to those for whom the financial benefits have been envisaged and extended. All impleadment applications stand disposed of," the judgement reads.

The apex court heard arguments of the other pleas and applications at the end of board. The SC heard submissions by few petitioners and intervenors on the matter while adjourning the matter till next week.

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