SC Asks Petitioner to Approach Center Against Fake Loan Apps

SC Asks Petitioner to Approach Center Against Fake Loan Apps

On Wednesday, the Supreme Court settled a Public Interest Litigation (PIL) petition seeking action against fraudulent loan apps sponsored by China by directing the petitioner to approach the Union Ministry with proper representation. 

Mr. Praveen Kalaiselvan, chairman of NGO “Save Them India Foundation” filed the PIL. The court was headed by the Chief justice of India.

The petitioner highlighted the issue of many smartphone applications that became involved during the lockdown time of COVID-19 to lure innocent and gullible individuals through simple loan offers. This was a question surrounding national security, according to the complainant, as well as since several of these applications. They are backed by Chinese businesses. These applications are illegal and unlawful as they do not have the Reserve Bank of India’s mandatory permission to do so. 

“The Chief Justice of India told the lawyer when the case was taken, “You should have made representation to the Home Ministry of Finance Ministry.

The lawyer argued that there was a very significant need for judicial interference in the case. “These are sensitive and high-security matters. Make a representation to the appropriate Ministry. It’s not a judicial matter” added the CJI. The petitioner also alleged that China supervised and oversaw the Prime Minister, the Chancellor, the President, the Judges, and other individuals occupying important roles in the country and requested an investigation into such international supervision. Reference was made to the article published on September 15, 2020, by The Indian Express in relation to this request.

China also attempted to target India through bogus money-lending applications, according to the petitioner, which contributed to the loss of the lives of many common citizens.

These applications commit data theft and move Indian citizens’ personal data to China, where businesses sell the details Indian residents. Google Play Store digital loan applications include small tenure loans/micro loans (unsecured) from 7-60 days with limited documents such as the borrower’s Aadhar card, Pan Card, and Selfie, these apps have been classified as potentially high risk for their users. In the dark web, the data uploaded in these apps are sold. The recovery of such loans is being carried out against the user’s risk.

Purnima Ojha
‘Law is not law if it violates the principles of eternal Justice’ very beautifully penned down by Lydia Maria Child and I strongly believe, if the law is not made for the goods of people then at least it should not violate the essence of the principle of law that is “JUSTICE”. Law is made to keep each section of society on an equal platform and being a member of the law fraternity, I will try to contribute to the welfare of society. I am Purnima and I graduated from zoology (Hons) and am currently pursuing a law degree from Lloyd law college, Greater Noida. My desire is to bring a fair and unjust environment to our society through my hard work and persistent efforts.