Kerala HC against bankers’ panel’s proposal for moratorium, restructuring of loans of Wayanad landslide survivors

Kerala HC against bankers’ panel’s proposal for moratorium, restructuring of loans of Wayanad landslide survivors

Kerala High Court opposes loan restructuring for Wayanad landslide survivors, questions Centre's decision, demands clarification on proposals.

Kerala High Court slams Union govt for refusing loan waiver for Wayanad landslide victims

Photo: Thoufeeq K/Maktoob On Wednesday, the Kerala High Court expressed dissatisfaction with the Union government’s decision not to waive loans taken by the victims of the Wayanad landslide. A division bench comprising Justices AK Jayasankaran Nambiar and Easwaran S. questioned the Union government on whether it intends to consider writing off loans for the landslide victims. The bench observed that the Union has, on many occasions, waived loans…

Kochi ∙ The Central Government has told the High Court that the loans of the victims of the Mundakkai-Chooralmala landslide will not be waived. One-year moratorium on loans. Mundakai, Chooralmala, Landslide, Disaster victims, Loan, Moratorium, Central Government, High Court, Interest, Repayment, Mundakai, Chooralmala, Landslide, Mundakai-Chooralmala landslide, Victims, Loan, Moratorium, Central Government, High Court, Interest, Repayment, Kerala…