Madras High CourtWP/33534/2022withdrawn dismissed

K.Indira Priyadharshini v. Reserve Bank Of India

2022-12-14Honourable Mr Justice C.V. Karthikeyan6 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 14.12.2022

CORAM

THE HON'BLE MR. JUSTICE C. V. KARTHIKEYAN Writ Petition No.33534 of 2022 and W.M.P.Nos.32979, 32984, 32988 & 32986 of 2022 K.Indira Priyadarshini ... Petitioner

Versus

1. Reserve Bank of India Mumbai Regional Office, Shahid Bhagat Singh Marg, Kala Ghoda, Fort, Mumbai, Maharashtra 400001.

2. Central Bureau of Investigation Banking Securities Fraud Branch, Represented by Inspector of Police, Having Office at Plot No.5-B, CGO Complex, Lodhi Road, New Delhi - 110003.

3. State Bank of India Represented by S.Ravichandran Deputy General Manager, Stressed Assets Management Branch, No.32, Red Cross Society, Indian Red Cross Society, Egmore, Chennai - 600008.

4. Axis Bank, Corporate Banking Branch, Karumuthu Nilayam, 1/6

Ground Floor, No.192, Anna Salai, Chennai - 600002.

5. IL & FS Financial Services Ltd., The IL & FS Financial Centre, Plot C-22, G Block, Bandra Kurla Complex Bandra East, Mumbai 400 051.

6. UCO Bank, Flagship Corporate Branch, 6-3-1108, Ground Floor, Navabarath Chambers, Raj Bhavan Road, Somajiguda, Hyderabad - 500 082.

7. Syndicate Bank, (Currently merged with Canara Bank) SAMG Branch, 16/38, SIC Building, 1st Floor, Anna Salai, Chennai - 600 002.

8. Bank of India, Khairtabad Branch, PTI Building, Ground Floor, 10-01-1199/2, AC Guards, Hyderabad-500 004.

9. Punjab National Bank, Large Corporate Branch, Centenary Building, 28, MG Road, Bangalore - 560 001.

10. Indian Overseas Bank, RP Road Branch, Kasuva Complex, RP Road, Secunderabad - 500 003.

... Respondents Prayer: Writ Petition filed under Article 226 of the Constitution of India praying to issue a Writ of declaration declaring that the Reserve Bank of India (Frauds classification and reporting by commercial banks and select FIs) directions, 2016 dated 01.07.2016 inter alia on the ground that they are ultra vires Section 35A of the Banking Regulation Act, 1949, 2/6

arbitrary, unconstitutional and untenable in law and also to issue a Writ of Certiorarified Mandamus to call for and quash the resolution passed by the Fraud Identification Committee, Stressed Assets Resolution Group of the respondent herein in its meeting held on 21.02.2020 as arbitrary and untenable in law.

For Petitioner : Mr.Adarsh Subramanian For Respondents : No appearance

ORDER

The learned counsel for the petitioner made the following endorsement in the bundle which is as follows: '' Due to inadvertent errors the petition prays that this writ petition may be disposed of as withdrawn with liberty to the petitioner to file a fresh writ petition.

Sd/- .......

14.12.2022 Counsel for petitioner"

2. In view of the same, the writ petition stands dismissed as withdrawn. No costs. Consequently, the connected miscellaneous petitions are closed.

14.12.2022 ssi Index : Yes/No Internet : Yes/No 3/6

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