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Madras High CourtWP/5696/2011dismissed for default

Visram Financial Services Pvt. v. The Union Of India

2022-03-07Honourable Mr Justice M. Govindaraj5 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 07.03.2022

CORAM:

THE HON'BLE MR.JUSTICE M.GOVINDARAJ WP NOS.5696, 6790, 6791 AND 6811 OF 2011 AND CONNECTED MISCELLANEOUS PETITIONS WP NO.5696 / 2011 Visram Financial Services Pvt. Ltd., Rep. by its Director Mr.R.Ganesh D-1, Srishti Crescendo

WP NO.6790 / 2011 Fast Software Services Private Limited Rep. by its Director V.Kunchithapatham Basement Kalyan No.4, Jyothi Venkatachalam Road, Vepery, Chennai - 600 007.

WP NO.6791 / 2011 Shevaroy Holiday Resorts Private Limited Rep. by its Director P. Rammohan D-1, Srishti Crescendo,

WP NO.6811 / 2011 Visram Financial Services Pvt. Ltd., Rep. by its Director Dr.R.Ganesh D-1, Srishti Crescendo 1.Reserve Bank of India Rep. by its Regional Director Fort Glacis, Rajaji Salai, Chennai - 600 001.

2.ICICI Bank Ltd., Rep. by the Managing Director Ms.Chanda Kochar ICICI Towers, Bandra Kurla Complex, Mumbai - 400 051.

of India praying for issuance of Writ of Mandamus, to direct the 1st respondent to take necessary action against the respondents 2 to 4 herein under the powers vested with it under Sec.36AA of the Banking Regulation Act in order that the confidentiality of banking transactions and the faith in the observance of the banking code and generally accepted practices of Banking secrecy are restored and further direct that necessary action be taken by the 4th respondent against the 2nd and 3rd respondent herein for the commission of the breach of confidentiality inherent in the relationship of banker and customer.

COMMON ORDER When the matters were taken up for hearing on 24.02.2022, there was no representation on behalf of the petitioners and the matters were directed to be listed today viz., 07.03.2022 under the caption "for dismissal". Even today, there is no representation on behalf of the petitioners. Therefore, these writ petitions are dismissed for default. No costs. Consequently, connected miscellaneous petitions are closed. Sd/- Assistant Registrar(CS-V) // True Copy // Sub Assistant Registrar TK To 1.The Secretary to the Government Union of India New Delhi - 110 003 4.The Regional Director Reserve Bank of India Fort Glacis, Rajaji Salai, Chennai - 600 001.

+3cc to Mr.K.S.Jeyaganeshan, Advocate SR.No.15167,15168,15169 Sr.Panel Counsel for GOI WP NOS.5696, 6790, 6791 AND 6811 OF 2011 MT(CO) CB(25/03/2022)