A bench of Justices Surya Kant and KV Viswanathan reserved the order after hearing two sides.
Supreme Court of India. (iStock)
The Supreme Court on Friday, 22 March, reserved its order on the Kerala government’s plea seeking interim relief in a lawsuit contesting a ceiling on net borrowing. Kerala had filed a suit accusing the Centre of interfering in the exercise of its “exclusive, autonomous and plenary powers” to regulate the state’s finances by imposing a cap on borrowing.