Due to the outbreak of pandemic COVID-19, the High Court of Delhi in its recent ruling held that the Reserve Bank of India’s (RBI’s) advisory on moratorium is applicable even to loans on default as on March 1, 2020. The High Court reiterated the objective that Reserve Bank of India (RBI) has announced certain regulatory […]
The post COVID-19: Loan Defaulters should get Benefit of RBI’s Advisory on Moratorium, says Delhi HC [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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