More time for loan moratorium not possible: RBI tells SC

The Reserve Bank of India has filed an affidavit before Supreme Court in the loan moratorium case hearing and said that it is not possible to give more time as relief for sectors hit by the coronavirus pandemic. Continue Reading

Editorial: Order of the day

The Supreme Court on Wednesday found the indefinite ‘occupation’ of a public road by the Shaheen Bagh protestors unacceptable. The apex court said the protest, considered an iconic dissent mounted by mothers, children and senior citizens of Shaheen Bagh against the Citizenship (Amendment) Act (CAA), became inconvenient to commuters. Continue Reading

Moratorium: Supreme Court says Centre’s plan has failed

The Supreme Court today said the Union government’s affidavit on waiving ‘interest on interest’ on loans up to Rs 2 crore, frozen during a six-month moratorium granted because of the coronavirus crisis, was not satisfactory. Continue Reading

Offered Rs 14K cr to banks as settlement: Mallya’s UB tells SC

Fugitive liquor baron Vijay Mallya’s United Breweries (Holding) Ltd on Wednesday told the Supreme Court that it had offered over Rs 14,000 crore to various banks to settle its dues and that the company’s assets exceeded its total debt. Continue Reading

SC dismisses Netflix plea

The Supreme Court has refused to entertain a Netflix appeal against a Bihar lower court order restraining it from using the name of businessman Subrata Roy in its upcoming web series “Bad Boy Billionaires”. Continue Reading

Arunthathiyars reservation: TN leaders welcome SC order

Leaders of various political parties in Tamilnadu hailed the Supreme Court remarks that States has powers to give reservation to sub-castes. Continue Reading

7-judge SC bench to decide on sub-classification of SC/STs

The Supreme Court will re-examine its 2004 judgment that held that Scheduled Castes and Scheduled Tribes (SC/STs) cannot be further sub-classified for the purpose of reservation. Continue Reading

Vedanta to go to SC against Madras HC verdict on Sterlite

Vedanta Ltd has reportedly decided to approach Supreme Court against Madras High Court’s today order dismissing a petition filed by the business group seeking to re-open its Copper Smelter Plant at Tuticorin, where 13 anti-Sterlite protestors were killed in a police firing on 22 May, 2018. Continue Reading