SC seeks views from government, RBI, others on Supertech buyers' plea to halt EMIs

The Supreme Court on Monday sought a response from the government, the Reserve Bank of India, Supertech, Indiabulls Housing Finance Ltd, and others on a couple of appeals by Supertech homebuyers seeking to restrain lenders from charging equated monthly instalments (EMIs) from them till they get the possession of their respective flats.
Challenging the Delhi High Court's March 14 judgement that refused to direct the banks and financial institutions not to charge such EMIs till possession, the homebuyers argued that the high court digressed from the core issue of wrongful disbursement of the loan amount.

A Bench led by Justice V Ramasubramanian while issuing notice to parties asked banks and financial institutions not take any coercive steps against the buyers for non-payment on such loan accounts till the next date of hearing.

Linking Aadhaar with property

The Delhi High Court on Monday sought responses from the government on a PIL seeking to link property documents with Aadhaar so as to curb corruption, black money, and benami transactions.

While observing that it is an "important" matter, a division bench issued notice to the ministries of finance and housing and urban affairs ministry, rural development ministry, and the law and justice ministry on a PIL by one advocate Ashwini Kumar Upadhyay.