Petitions have been filed in the Supreme Court seeking its directions for the contempt of court proceedings against Reserve Bank of India Governor Shaktikanta Das and others, for allegedly violating a previous order of the apex court related to the moratorium case.
The petitioners, Gorakh Pandurang Nawade, Suryakant Prabhakar Pawar, Pritam Sengupta, and Shanti Jewellers — had filed their respective pleas through a lawyer, Vishal Tiwari and Advocate-on-Record (AoR) Abhigya Kushwah, in connection with the court’s directions of September 3, 2020.
The petitioners now claim that the RBI and others declared their accounts as NPAs and thus flouted the stay order of the SC. They demand that contempt of court proceedings should be initiated against the RBI.
They have also sought compensation for the damage caused by the RBI and others. The plea says that the respondents should grant a grace period of 90 days to the petitioner before declaring their account NPA.
They also sought a direction from the Supreme Court that the respondents should grant a grace period of 90 days to the petitioner before declaring its account, NPA, the petition claimed.
The contemptuous act of the respondents has shaken the confidence of the public and has degraded the trust of the borrowers. In this pandemic, where all borrowers are passing through the worst scenario that this stay order was operational throughout the nation and was in the public interest, the petitions stated.