The Central government submitted before the Supreme Court on Tuesday that the loan moratorium period may get extended by up to two years in view of the ongoing COVID-19 pandemic and its impact on the economy.
A three-judge bench of the apex court, headed by Justice Ashok Bhushan, was hearing two pleas filed Gajender Sharma and lawyer Vishal Tiwari seeking to extend the moratorium period to help borrowers in deferring their EMI payment on term loans amid the pandemic. Solicitor General Tushar Mehta, appearing for the Centre, submitted that the loan moratorium may be extended by two years.
The bench said that it will hear the matter tomorrow, after the Union of India, through the Solicitor General, files its reply in the moratorium issue. Mehta said that the affidavit was filed on Monday online. The bench said that it has not received the affidavit yet.
“The lordship may go through it, the matter may be taken up tomorrow or day after tomorrow. The interest on interest part, we have discussed with the RBI officers,” Mehta said.
Let the Union of India, Reserve Bank of India, and others sit together and find out a proper solution, the bench said, to which Mehta submitted no adversarial step are being taken.
“I am saying with a great sense of responsibility. Harish Salve also spoke with the bankers association. Most of the issues are addressed,” the Solicitor General said.
“We have also to hear the interest in interest part also,” said Justice MR Shah, one of the judges in the three-judge bench hearing the matter.
Vishal Tiwari, one of the petitioner, said that it is a public interest matter and he will be there tomorrow also before the apex court and argue for the extension of the moratorium period.
The top court had last week tagged the two petition filed by Tiwari and Sharma respectively.
While Tiwari in his plea sought directions to extend the moratorium period to help borrowers in deferring their EMI payment on term loans amid the pandemic, Sharma’s plea sought directions for waiver of interest on the loan repayment during the moratorium.
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Naga Vamsi Claims That The Bottle Is A CGI Work!
It is well-known that Nandamuri Balakrishna arrived as the chief guest for the pre-release event of ‘Gangs Of Godavari’. As we are aware, whatever Balayya does in public goes viral. There is a visual of Balayya sitting with a bottle of alcohol at his feet and it is all over social media now. People are bashing this behavior of senior hero at a public event.
When asked about it at the press conference, producer Suryadevara Naga Vamsi made it clear that there was no bottle by Balayya’s side at the event and it was all CGI work. He claims that he knows it for a fact as he was the one who organized the event. Vishwak jokingly stated that we would hire the guy who made that video for the CGI work of ‘Gangs Of Godavari 2’.
Naga Vamsi also responded to Balakrishna pushing Anjali. He stated that it was in a jovial manner and it was made viral without context. He said that they high-fived each other just 10 seconds later but no one is sharing that video. Vishwak added that Balakrishna sir said everything in a light-hearted manner and it explains his kind-hearted nature. The movie’s cast includes Goparaju Ramana, Praveen, Hyper Aadi and others.
Anith Madhadi is the cinematographer while Yuvan Shankar Raja is the music composer. Navin Nooli is the editor. Suryadevara Naga Vamsi and Sai Soujanya are the producers. ‘Gangs Of Godavari’ is an intense tale with raw emotions that will leave you in awe. Neha Shetty is the heroine and Anjali plays a key role. Krishna Chaitanya is the writer and director of this movie.
