New Delhi, Apr 7: The Supreme Court has granted three weeks to the Ministry of Finance to file its response to a plea seeking directions to create a centralised database providing information about bank accounts, insurance, post office funds etc. held by deceased account holders.
A bench of Chief Justice of India DY Chandrachud and Justice JB Pardiwala posted the matter for hearing on April 28. "While the Ministry of Corporate Affairs has filed its counter affidavit, counsel for the Union of India submits that the Ministry of Finance may be granted some time to file its counter affidavit. Counter affidavit be filed within three weeks. List the petition on April 28, 2023," the bench stated in its order on Thursday.
Last year the apex court had issued a notice to the Ministry of Finance, Reserve Bank of India, Securities & Exchange Board of India (SEBI) and others on the petition.