SC directs NGO to approach Centre for the plea against Chinese fake loan apps

chinese apps

SC directs NGO to approach Centre for the plea against Chinese fake loan apps

The PIL was filed by an NGO “Save Them India Foundation” and the petitioner was its Chairman, Mr. Praveen Kalaiselvan.

Through this petition, the petitioner brought before the court the problems raised by various mobile applications, which gained popularity during the national lockdown period and attracted vulnerable users by offering loans with less formality.

The petitioner also highlighted how the operation of such fake money-lending apps destroyed the lives of common people.

The petitioner stated that operation of such apps is harmful because it affects nation’s security, and also because these are backed by Chinese companies.

The counsel contended that such apps, which are conducting micro-financing, are illegal and unauthorized as they do not comply with the pre-requisites laid down by the Reserve Bank of India.

Upon CJI’s suggestion to make the representation before the respective government authority, the petitioner requested for judicial intervention as the matter pertained to nation’s security.

However, the court declined petitioner’s request on the ground that it is not a judicial matter.

The petitioner also made submissions regarding the surveillance activities conducted by Chinese authorities over the individuals holding key positions in India like Prime Minister, Judges etc. and relied on a report published in The Indian Express for the same.

The court dismissed petitioner’s contentions and asked it to make appropriate representation before the concerned ministry.

The Supreme Court dismissed a PIL which sought action against the operation of Chinese fake loan apps, and directed the petitioner to address the same before Union Ministry with a suitable representation.

The PIL was filed by an NGO “Save Them India Foundation” and petitioner was its Chairman, Mr. Praveen Kalaiselvan.

Through this petition, the petitioner brought before the court the problems raised by various mobile applications, which gained popularity during the national lockdown period and attracted vulnerable users by offering loans with less formality.

The petitioner also highlighted how the operation of such fake money-lending apps destroyed the lives of common people.

The petitioner stated that operation of such apps is harmful because it affects nation’s security, and also because these are backed by Chinese companies.

The counsel contended that such apps, which are conducting micro-financing, are illegal and unauthorized as they do not comply with the pre-requisites laid down by the Reserve Bank of India.

Upon CJI’s suggestion to make the representation before the respective government authority, the petitioner requested for judicial intervention as the matter pertained to nation’s security.

However, the court declined petitioner’s request on the ground that it is not a judicial matter.

The petitioner also made submissions regarding the surveillance activities conducted by Chinese authorities over the individuals holding key positions in India like Prime Minister, Judges etc. and relied on a report published in The Indian Express for the same.

The court dismissed the petitioner’s contentions and asked it to make an appropriate representation before the concerned ministry.

1280 675 Shivangi Pandey
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Shivangi Pandey

Shivangi Pandey

I'm a news analyst at LexForti Legal News.

All stories by : Shivangi Pandey
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Shivangi Pandey

Shivangi Pandey

I'm a news analyst at LexForti Legal News.

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