Nayna Pasta v. State Bank Of India

901_902-OSWP-1654-2023 WITH OSWPL-11665-2023.DOC Gitalaxmi

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION WRIT PETITION NO. 1654 OF 2023 Nayna Pasta

...Petitioner

Versus

State Bank of India

...Respondent

WITH WRIT PETITION (L) NO. 11665 OF 2023 Cable Corporation of India Ltd

...Petitioner

Versus

State Bank of India

...Respondent

Mr Soli Cooper, Senior Advocate, with Savani Gupte, Yohann Cooper, Warisha Parkar & Sailee Dhayalkar, i/b Samvad Partners, for the Petitioners.

Ms Akanksha Hambir, i/b Rathina Maravarman, for Respondent No. 1-State Bank of India in both Writ Petitions.

CORAM

G. S. Patel & Neela Gokhale, JJ.

DATED:

27th June 2023 PC:- 1.

On behalf of the State Bank of India ("SBI"), a statement is made on instructions by Ms Hambir that the SBI will withdraw the orders passed by the Wilful Defaulter Identification Committee and the preceding show-cause notices but with liberty to resume the 27th June 2023

901_902-OSWP-1654-2023 WITH OSWPL-11665-2023.DOC process in accordance with the decision of the Supreme Court and following the terms of the Reserve Bank of India's Master Circular in question.

2.

The statement is noted and accepted. In view thereof, the Petitions are infructuous and stand disposed of as such. 3.

All contentions are left open for further proceedings, if any. (Neela Gokhale, J) (G. S. Patel, J) 27th June 2023