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Supreme Court Asked the government for an answer on Monday reserve Bank of India, supertech, Indiabulls Housing Finance Limitedand on a couple of appeals by others supertech Homebuyers want to restrain the lenders from charging them Equated Monthly Installments (EMIs) till they get the possession of their respective flats.
Challenging the March 14 judgment of the Delhi High Court, which refused to direct banks and financial institutions not to charge such EMIs till possession, home buyers argued that the high court was dealing with the core issue of mis-disbursement of loan amount. strayed from
A bench headed by Justice V Ramasubramanian issued notice to the parties and asked the banks and financial institutions not to take any coercive steps against the defaulting buyers on such loan accounts till the next date of hearing.
linking up Base with property
The Delhi High Court on Monday sought response from the government on a PIL seeking to attach property documents to it. Base So that corruption, black money and benami transactions can be curbed.
Noting that this is an “important” matter, a division bench issued notices to the Ministry of Finance and Ministry of Housing and Urban Affairs, Ministry of Rural Development and Ministry of Law and Justice on a PIL filed by advocate Ashwini Kumar Upadhyay.
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