New Delhi: Quite a lot of petitions have been filed earlier than the Supreme Court looking for to provoke contempt of courtroom proceedings against Reserve Bank of India (RBI) Governor, Shaktikant Das, Chief Executive of Indian Banks Association (IBA) and others for allegedly flouting the SC`s earlier order, by turning and declaring the account of the petitioners as Non Performing Assets (NPA) in reference to the moratorium matter.
The petitioners – M/s Azeez Trading Company, Umrazz Trading Corporation, Ajay Hotel and Restaurant, Latur, Maharashtra — have filed their plea by means of lawyer Vishal Tiwari and Advocate On Record (AOR) Abhigya.The respondents, Reserve Bank of India (RBI) Governor, Shaktikant Das, Chief Executive of Indian Banks Association (IBA) had been duty-bound to promulgate and make sure the compliance of the order of this courtroom all through the nation however they intentionally didn`t, the petition stated.
The Supreme Court`s order, dated September 3, 2020, was operational on all lending establishments/banks all through the nation and was handed in favour of all debtors accounts to grant reduction from monetary stress through the COVID-19 pandemic, Tiwari stated within the petition.
The September 3 order was handed within the presence of the respondents represented by their counsel and all had been very properly conscious of the Stay order, the petition stated.
It additional claimed that the contemptuous act of the respondents had not solely disobeyed the courtroom`s order but in addition brought on extreme irreparable injury and loss to the petitioners. “The petitioners have lost their image and has been defamed as the possession notice was published in the new papers of his locality which made the dignity of the petitioner lower,” it added.
The contemptuous act of all of the respondents has shaken the boldness of the general public and has degraded the belief of the debtors. In this Covid-19 pandemic the place all debtors are passing by means of the worst situation and monetary stress, the respondents` alleged act could be very disgraceful and contemptuous. The petitioners thereby sought the issuance of discover to the alleged contemnors for willfully violating the order/instructions of the Apex Court handed in a writ petition. “Punish the contemnors for having committed contempt of this Court,” the petition stated.
Further, within the petition, Tiwari stated that the keep order was handed within the pandemic COVID-19 for the advantage of harassed debtors in order that they shall not undergo in current monetary disaster through the pandemic.”There is already a slump in the work of the petitioner. The stay order was operating as a lifesaving drug but the contemptuous act of the respondent has brought a major setback to the petitioner and his survival has become critical,” the petition stated.
Several petitions have already been filed in the identical case earlier than the Supreme Court.
