Loan Moratorium : Supreme Court Refuses To Entertain Plea Seeking Counting Of 90 Days For NPA Declaration From March 23 Judgment
The Supreme Court on Friday refused to entertain a plea seeking clarification and modification of its 23rd March 2021 judgement whereby it vacated the stay on declaration of loan accounts as Non-Performing Assets.
A bench comprising Justice DY Chandrachud and Justice MR Shah was hearing an application filed by Advocate Vishal Tiwari seeking a clarification that the period of declaring any account as NPA shall be reckoned from the date of the above judgement (March 23).
