The petition says no interest should be charged at all during the three-month moratorium as in the present circumstance the citizens are already facing 'extreme hardship' and also the entire market has crashed NEW DELHI: : The Supreme Court on Friday agreed to hear the plea seeking interest waiver for RBI prescribed three-month loan moratorium from paying EMIs and other loans amidst the nationwide lockdown due to Covid-19.
The petition has been filed by Gajendra Sharma and Senior Advocate Rajiv Dutta appeared on his behalf through videoconferencing before a three judge bench.
The three judge bench comprising Justices Ashok Bhushan, Sanjay Kishan Kaul and BR Gavia allowed the petitioner to serve the copy of the petition to counsel of Union