The Supreme Court on Monday adjourned the hearing till October 5 on pleas seeking an extension of the loan moratorium scheme, which was introduced during the coronavirus pandemic, and the waiver of accruing interests, Live Law reported.
In the last hearing on September 10, the court had given the Centre two more weeks’ time to come up with a concrete plan for all sectors in the loan moratorium scheme. The Centre had told the court that an expert committee at the highest level has been constituted to take a decision on moratorium extension, accruing interest during the moratorium, and other related matters.
During Monday’s hearing, Solicitor General Tushar Mehta sought an adjournment of the hearing, issuing an apology.
“I did not know that Your Lordships are sitting today only for this matter, or a letter would be circulated…but this matter has received very serious…