SUPREME COURT OF INDIA - IMPORTANT JUDGEMENTS

Gajendra Sharma Vs. Union Of India And Anr., (2020) 11 SC CK 0037 Full Bench of the Hon’ble Supreme Court disposed of a Petition seeking directions declaring the notification dated 27.03.2020 issued by Reserve Bank of India as ultra vires to the extent it charges interest on the loan amount during the moratorium period. The relevant part of the Notification under challenge is under the heading (i) Rescheduling of Payments – Term Loans and Working Capital Facilities. 2. In respect of all term loans (including agricultural term loans, retail and crop loans), all commercial banks (including regional rural banks, small finance banks and local area banks), co-operative banks, all- India Financial Institutions, and NBFCs (including housing finance companies) (“lending institutions”) are permitted to grant a moratorium of three months on payment of all instalments1 falling due between March 1, 2020 and May 31, 2020. The repayment schedule for such loans as also the residual tenor, will be s...

Arnab Manoranjan Goswami Vs. State Of Maharashtra & Ors., (2020) 11 SC CK 0038 While disposing of the Criminal Appeal filed by the Journalist Mr. Arnab Manoranjan Goswami against the Order of Hon’ble High Court of Judicature at Bombay, the Hon’ble Supreme Court directed that interim protection which has been granted to the above accused by the order dated 11 November 2020 shall continue to remain in operation pending the disposal of the proceedings before the High Court and thereafter for a period of four weeks from the date of the judgment of the High Court, should it become necessary for all or any of them to take further recourse to their remedies in accordance with law. In said Judgement, the Hon’ble Supreme Court also observed that the Chief Justices of every High Court should in their administrative capacities utilize the ICT tools which are placed at their disposal in ensuring that access to justice is democratized and equitably allocated. Liberty is not a gift for the few...

ARNAB MANORANJAN GOSWAMI VS. THE STATE OF MAHARASHTRA & ORS. , (2020) 11 SC CK 0018 While reserving its Judgement which will be pronounced in due course a Division Bench of the Hon’ble Supreme Court comprising of HON'BLE DR. JUSTICE D.Y. and CHANDRACHUD HON'BLE MS. JUSTICE INDIRA BANERJEE directed that Arnab Manoranjan Goswami, Feroz Mohammad Shaikh and Neetish Sarda shall be released on interim bail, subject to each of them executing a personal bond in the amount of Rs 50,000 to be executed before the Jail Superintendent. They are, however, directed to cooperate in the investigation and shall not make any attempt to interfere with the ongoing investigation or with the witnesses. The concerned jail authorities and the Superintendent of Police, Raigad are directed to ensure that this order is complied with forthwith. A certified copy of this order shall be issued during the course of the day .