Wednesday, October 28, 2020

SCBA To Grant Lawyers Loan Up To 25,000 Amid COVID-19

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The Supreme Court Bar Association (SCBA) has decided to grant loans up to Rs 25, 000 to the lawyers who are in need of financial aid.

Amid the bad news going around from COVID-19, the SCBA has come up with the positive development for its member lawyers.

The SCBA introduced the “SCBA COVID-19 Helpline scheme” According to Ashok Arora, SCBA secretary, the scheme will help its members “who in the present difficult time may need financial assistance to tie over the difficulties.”

In its statement, the association said: “The scheme, as at present, will have a maximum corpus of Rs 25 lakh, which amount is being withdrawn from the sum received by the SCBA under the orders of the SC from out of costs awarded, and which is lying in the bank as a deposit.”

The maximum assistance of Rs. 25,000 will be granted to the lawyers under the scheme as a loan without any interest in two years’ time.

The application for the loan can be sent to SCBA”s email address. PTI SJK ABA MNL MNL ANB ANB. The bar association said the identity of the beneficiaries will be kept “confidential as far as possible.”

 

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