CiteTEXT
...
application filed by the Resolution Professional seeking for extension of
Moratorium period by 60 days as the same has expired on 01.03.2024, contending
that post 180 days period..., the PG had submitted repayment plan by way of OTS
and the same is under consideration by the Banker. Therefore, the moratorium
period is required to be extended as according to the...RP there is a likelihood of
resolution. Having regard to the facts and circumstances of this case, we are of
the view that moratorium period which has expired on 01.03.2024 can be...
...
application filed by the Resolution Professional seeking for extension of
Moratorium period by 60 days as the same has expired on 01.03.2024, contending
that post 180 days period, the...PG had submitted repayment plan by way of OTS
and the same is under consideration by the Banker. Therefore, the moratorium
period is required to be extended as according to the RP...there is a likelihood of
resolution. Having regard to the facts and circumstances of this case, we are of
the view that moratorium period which has expired on 01.03.2024 can be...
...
application filed by the Resolution Professional seeking for extension of
Moratorium period by 60 days as the same has expired on 01.03.2024, contending
that post 180 days...period, the PG had submitted repayment plan by way of OTS
and the same is under consideration by the Banker. Therefore, the moratorium
period is required to be extended as according...to the RP there is a likelihood of
resolution. Having regard to the facts and circumstances of this case, we are of
the view that moratorium period which has expired on 01.03.2024...
...
application filed by the Resolution Professional seeking for extension of
Moratorium period by 60 days as the same has expired on 01.03.2024, contending
that post 180 days...period, the PG had submitted repayment plan by way of OTS
and the same is under consideration by the Banker. Therefore, the moratorium
period is required to be extended as according to...the RP there is a likelihood of
resolution. Having regard to the facts and circumstances of this case, we are of
the view that moratorium period which has expired on 01.03.2024 can be...
...Education Loan Account no. xxxxxx9435:
(i) How much years should be moratorium period and how much moratorium period given by you...?
How you have been calculated moratorium period for the mentioned education loan account. Explain the basis of moratorium period calculation in years. Example...
Then Moratorium period should be Jan-2012 (In case student getting job within
6 Month) else Moratorium ...
...issued by Reserve Bank of India as ultra vires to the extent it charges interest on the loan amount during the moratorium period.2. The petitioner's case and the pleadings in.... The repayment schedule for such loans as also the residual tenor, will be shifted across the board by three months after the moratorium period. Interest shall continue to accrue on the outstanding...portion of the term loans during the moratorium period.”2.3. The petitioner's case in the writ petition is that when all the means of livelihood have been...
Can't display summary as content is Scanned, Please open the judgment to see full content.
.... Sreedhar Nukala, Resolution Professional present though VC. This is an
application filed by the Resolution Professional seeking for extension of
Moratorium period by 60 days as the...failing
which financial creditor will initiate Bankruptcy proceedings. Having regard to
the facts and circumstances of this case, we are of the view that moratorium
period which...has expired on 30.04.2024 can be extended. Hence, we extend the
moratorium period by 60 days from 30.04.2024, with a direction to RP to
conclude the process within this time period...
...
Mr. Sreedhar Nukala, Resolution Professional present though VC. This is an
application filed by the Resolution Professional seeking for extension of
Moratorium period by 60 days as...failing
which financial creditor will initiate Bankruptcy proceedings. Having regard to
the facts and circumstances of this case, we are of the view that moratorium
period which...has expired on 30.04.2024 can be extended. Hence, we extend the
moratorium period by 60 days from 30.04.2024, with a direction to RP to
conclude the process within this time...
.... Sreedhar Nukala, Resolution Professional present though VC. This is an
application filed by the Resolution Professional seeking for extension of
Moratorium period by 60 days as the same...
which financial creditor will initiate Bankruptcy proceedings. Having regard to
the facts and circumstances of this case, we are of the view that moratorium
period which...has expired on 30.04.2024 can be extended. Hence, we extend the
moratorium period by 60 days from 30.04.2024, with a direction to RP to
conclude the process within this time period...
...for extension of
Moratorium period by 60 days as the same has expired on 30.04.2024,
contending that in the 4th meeting of creditors on 24.04.2024, decided to give
final opportunity to the personal...period which has expired on 30.04.2024 can be extended. Hence, we extend the
moratorium period by 60 days from 30.04.2024, with a direction to RP to
conclude the process within this time period...guarantor to submit repayment plan failing
which financial creditor will initiate Bankruptcy proceedings. Having regard to
the facts and circumstances of this case, we are of the view that moratorium...
...to provide moratorium period for the loan availed for the education of the petitioner's son under Loan A/c.No.30589588622 before fixing the total outstanding with interest and the equal monthly...provide moratorium period for the loan availed for the education of his son, before fixing the total outstanding with interest and the equal monthly instalments for the purpose of repayment. 2.The...% per annum. The repayment schedule was 84 EMIs of Rs.4,982/- per month. The petitioner's son completed his studies in the year 2012 and the Bank has given the moratorium period of one year. Even...
Can't display summary as content is Scanned, Please open the judgment to see full content.
...
THE CONSTITUTION OF INDIA PRAYING TO DIRECTING THE
RESPONDENT BANK TO RECTIFY THE MENTIONING OF
MORATORIUM PERIOD FOR 2 YEARS VIDE ANNEXURE D AND...
- 2 -
EXTENDED MORATORIUM PERIOD FOR 2 YEARS FROM
15.06.2021 UNTIL 14.06.2023 AND ETC...to rectify the mentioning of moratorium period for 2 years vide Annexure-D, and extended moratorium period for 2 years from 15.06.2021 until 14.06.2023...
Can't display summary as content is Scanned, Please open the judgment to see full content.
Can't display summary as content is Scanned, Please open the judgment to see full content.
...offences as well, as they would cease for the period of moratorium. Thus, he argued that this section throws considerable light on the fact that criminal prosecutions are outside the ken of the expression...continuation of the licence, permit, registration, quota, concession, clearances or a similar grant or right during the moratorium period.(2) The supply of...essential goods or services to the corporate debtor as may be specified shall not be terminated or suspended or interrupted during moratorium period.(2...
...including a writ of mandamus or any other writ or direction in the nature thereof, directing the respondents to permit the lending institutions to grant interest free moratorium period for Term Loan...the RBI with a prayer that the same may be declared as ultra vires to the extent it charges interest on the loan amount during the moratorium period (which has been declared between March 1, 2020...till August 31, 2020). Therefore, the main grievance in this writ petition is to continue not to charge the interest on the outstanding portion of the term loans during the moratorium period.3...
...interest in the moratorium period and compound interest thereafter. His submission is that compound interest was throughout charged on the loan taken. Then there was additional interest of Rs. 2,45,181...period was of five years. In the five years, commencing in year 2008 and up to year 2013, the bank charged simple interest. Following the moratorium the bank continued to charge simple interest and the...his request the loan account was transferred to his transferred branch. Petitioner never disputed or pointed out any discrepancy in the material time but has now come to Court. He submits, moratorium...
Can't display summary as content is Scanned, Please open the judgment to see full content.