The Kerala government has approached the Supreme Court of India, urging the formation of a five-judge Constitution Bench to hear its lawsuit against the central government. The case centers on the issue of the ceiling on net borrowing imposed by the Union government. Kerala, represented by senior lawyer Kapil Sibal, seeks to determine whether a state has an enforceable right to raise its borrowing limits beyond the cap set by the central government. Chief Justice of India DY Chandrachud has assured Kerala that a Constitution Bench will be established to address the matter.
#Kerala government in the Supreme Court on Friday made an oral mentioning about the formation of a Constitution Bench to examine whether a State has an “enforceable right” to raise its borrowing limits over and above the cap fixed by the Union government. https://t.co/wQo0V7RYT0
Kerala urges SC to set up a 5-judge bench to hear its lawsuit against Centre raising the issue of ceiling on net borrowing. (Reported by PTI News Agency)
Ceiling on net borrowing: CJI assures Kerela, represented by senior lawyer Kapil Sibal, that Constitution bench would be set up