Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Loan moratorium case: Waiver of complete interest not possible, says Supreme Court    </title>
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The apex court refused to interfere with the Centre&#39;s and Reserve Bank of India (RBI&#39;s) decision to not extend the loan moratorium beyond August 31 last year, saying it is a policy decision.

Refusing to interfere with the government..."/>
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     <meta property="og:description" content="-The Indian Express

The apex court refused to interfere with the Centre&#39;s and Reserve Bank of India (RBI&#39;s) decision to not extend the loan moratorium beyond August 31 last year, saying it is a policy decision.

Refusing to interfere with the government..." />
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                            <p style="text-align:justify">-The Indian Express</p><p style="text-align:justify"><em>The apex court refused to interfere with the Centre&#39;s and Reserve Bank of India (RBI&#39;s) decision to not extend the loan moratorium beyond August 31 last year, saying it is a policy decision.</em></p><p style="text-align:justify">Refusing to interfere with the government and RBI&rsquo;s decision to not extend the loan moratorium period beyond Aug 31, the Supreme Court on Tuesday said it cannot do a judicial review of Centre&rsquo;s financial policy decision unless it is malafide, arbitrary. The apex court said that the waiver of complete interest is not possible as it affects depositors.</p><p style="text-align:justify">The apex court refused to interfere with the Centre&rsquo;s and Reserve Bank of India (RBI&rsquo;s) decision to not extend the loan moratorium beyond August 31 last year, saying it is a policy decision.</p><p style="text-align:justify">A bench headed by Justice Ashok Bhushan said the top court cannot do judicial review of the Centre&rsquo;s financial policy decision unless it is malafide and arbitrary.</p><p style="text-align:justify">The bench said this in its verdict on a batch of pleas filed by various trade associations, including from real estate and power sectors, seeking extension of the loan moratorium period and other reliefs in view of the pandemic.</p><p style="text-align:justify">The Centre had earlier submitted before the top court that if it were to consider waiving interest on all the loans and advances to all categories of borrowers for the six-month moratorium period announced by RBI in view of COVID-19 pandemic, then the amount foregone would be more than Rs 6 lakh crore.</p><p style="text-align:justify">Please <a href="https://indianexpress.com/article/india/loan-moratorium-case-waiver-of-complete-interest-not-possible-says-sc-7241020/" title="https://indianexpress.com/article/india/loan-moratorium-case-waiver-of-complete-interest-not-possible-says-sc-7241020/">click here</a> to read more.</p>                                                           
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    <br><a href="https://indianexpress.com/article/india/loan-moratorium-case-waiver-of-complete-interest-not-possible-says-sc-7241020/" class="re" target="_blank">The Indian Express, 23 March, 2021, https://indianexpress.com/article/india/loan-moratorium-case-waiver-of-complete-interest-not-possible-says-sc-7241020/</a><div class="clear"></div>
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The apex court refused to interfere with the Centre&#39;s and Reserve Bank of India (RBI&#39;s) decision to not extend the loan moratorium beyond August 31 last year, saying it is a policy decision.

Refusing to interfere with the government..."/>
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The apex court refused to interfere with the Centre&#39;s and Reserve Bank of India (RBI&#39;s) decision to not extend the loan moratorium beyond August 31 last year, saying it is a policy decision.

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    <h1 class="cat-box-title">Loan moratorium case: Waiver of complete interest not possible, says Supreme Court</h1>
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                            <p style="text-align:justify">-The Indian Express</p><p style="text-align:justify"><em>The apex court refused to interfere with the Centre&#39;s and Reserve Bank of India (RBI&#39;s) decision to not extend the loan moratorium beyond August 31 last year, saying it is a policy decision.</em></p><p style="text-align:justify">Refusing to interfere with the government and RBI&rsquo;s decision to not extend the loan moratorium period beyond Aug 31, the Supreme Court on Tuesday said it cannot do a judicial review of Centre&rsquo;s financial policy decision unless it is malafide, arbitrary. The apex court said that the waiver of complete interest is not possible as it affects depositors.</p><p style="text-align:justify">The apex court refused to interfere with the Centre&rsquo;s and Reserve Bank of India (RBI&rsquo;s) decision to not extend the loan moratorium beyond August 31 last year, saying it is a policy decision.</p><p style="text-align:justify">A bench headed by Justice Ashok Bhushan said the top court cannot do judicial review of the Centre&rsquo;s financial policy decision unless it is malafide and arbitrary.</p><p style="text-align:justify">The bench said this in its verdict on a batch of pleas filed by various trade associations, including from real estate and power sectors, seeking extension of the loan moratorium period and other reliefs in view of the pandemic.</p><p style="text-align:justify">The Centre had earlier submitted before the top court that if it were to consider waiving interest on all the loans and advances to all categories of borrowers for the six-month moratorium period announced by RBI in view of COVID-19 pandemic, then the amount foregone would be more than Rs 6 lakh crore.</p><p style="text-align:justify">Please <a href="https://indianexpress.com/article/india/loan-moratorium-case-waiver-of-complete-interest-not-possible-says-sc-7241020/" title="https://indianexpress.com/article/india/loan-moratorium-case-waiver-of-complete-interest-not-possible-says-sc-7241020/">click here</a> to read more.</p>                                                           
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    <br><a href="https://indianexpress.com/article/india/loan-moratorium-case-waiver-of-complete-interest-not-possible-says-sc-7241020/" class="re" target="_blank">The Indian Express, 23 March, 2021, https://indianexpress.com/article/india/loan-moratorium-case-waiver-of-complete-interest-not-possible-says-sc-7241020/</a><div class="clear"></div>
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The apex court refused to interfere with the Centre&#39;s and Reserve Bank of India (RBI&#39;s) decision to not extend the loan moratorium beyond August 31 last year, saying it is a policy decision.

Refusing to interfere with the government..."/>
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     <meta property="og:description" content="-The Indian Express

The apex court refused to interfere with the Centre&#39;s and Reserve Bank of India (RBI&#39;s) decision to not extend the loan moratorium beyond August 31 last year, saying it is a policy decision.

Refusing to interfere with the government..." />
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    <h1 class="cat-box-title">Loan moratorium case: Waiver of complete interest not possible, says Supreme Court</h1>
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                            <p style="text-align:justify">-The Indian Express</p><p style="text-align:justify"><em>The apex court refused to interfere with the Centre&#39;s and Reserve Bank of India (RBI&#39;s) decision to not extend the loan moratorium beyond August 31 last year, saying it is a policy decision.</em></p><p style="text-align:justify">Refusing to interfere with the government and RBI&rsquo;s decision to not extend the loan moratorium period beyond Aug 31, the Supreme Court on Tuesday said it cannot do a judicial review of Centre&rsquo;s financial policy decision unless it is malafide, arbitrary. The apex court said that the waiver of complete interest is not possible as it affects depositors.</p><p style="text-align:justify">The apex court refused to interfere with the Centre&rsquo;s and Reserve Bank of India (RBI&rsquo;s) decision to not extend the loan moratorium beyond August 31 last year, saying it is a policy decision.</p><p style="text-align:justify">A bench headed by Justice Ashok Bhushan said the top court cannot do judicial review of the Centre&rsquo;s financial policy decision unless it is malafide and arbitrary.</p><p style="text-align:justify">The bench said this in its verdict on a batch of pleas filed by various trade associations, including from real estate and power sectors, seeking extension of the loan moratorium period and other reliefs in view of the pandemic.</p><p style="text-align:justify">The Centre had earlier submitted before the top court that if it were to consider waiving interest on all the loans and advances to all categories of borrowers for the six-month moratorium period announced by RBI in view of COVID-19 pandemic, then the amount foregone would be more than Rs 6 lakh crore.</p><p style="text-align:justify">Please <a href="https://indianexpress.com/article/india/loan-moratorium-case-waiver-of-complete-interest-not-possible-says-sc-7241020/" title="https://indianexpress.com/article/india/loan-moratorium-case-waiver-of-complete-interest-not-possible-says-sc-7241020/">click here</a> to read more.</p>                                                           
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    <br><a href="https://indianexpress.com/article/india/loan-moratorium-case-waiver-of-complete-interest-not-possible-says-sc-7241020/" class="re" target="_blank">The Indian Express, 23 March, 2021, https://indianexpress.com/article/india/loan-moratorium-case-waiver-of-complete-interest-not-possible-says-sc-7241020/</a><div class="clear"></div>
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Loan moratorium case: Waiver of complete interest not possible, says Supreme Court

Published on Mar 23, 2021   Modified on Mar 23, 2021

-The Indian Express The apex court refused to interfere with the Centre's and Reserve Bank of India (RBI's) decision to not extend the loan moratorium beyond August 31 last year, saying it is a policy decision. Refusing to interfere with the government and RBI’s decision to not extend the loan moratorium period beyond Aug 31, the Supreme Court on Tuesday said it cannot do a judicial review of Centre’s financial policy decision unless it is malafide, arbitrary. The apex court said that the waiver of complete interest is not possible as it affects depositors. The apex court refused to interfere with the Centre’s and Reserve Bank of India (RBI’s) decision to not extend the loan moratorium beyond August 31 last year, saying it is a policy decision. A bench headed by Justice Ashok Bhushan said the top court cannot do judicial review of the Centre’s financial policy decision unless it is malafide and arbitrary. The bench said this in its verdict on a batch of pleas filed by various trade associations, including from real estate and power sectors, seeking extension of the loan moratorium period and other reliefs in view of the pandemic. The Centre had earlier submitted before the top court that if it were to consider waiving interest on all the loans and advances to all categories of borrowers for the six-month moratorium period announced by RBI in view of COVID-19 pandemic, then the amount foregone would be more than Rs 6 lakh crore. Please click here to read more.

The Indian Express, 23 March, 2021, https://indianexpress.com/article/india/loan-moratorium-case-waiver-of-complete-interest-not-possible-says-sc-7241020/

Tagged with: Loan moratorium Loan Moratorium Reserve Bank of India Supreme Court Supreme Court of India

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