M/S ARYABHATTA TUTORIALS PVT. LTD. vs RESERVE BANK OF INDIA AND ORS.

IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH **** 194 CWP-18330-2026 Date of Decision: 29.05.2026 M/S ARYABHATTA TUTORIALS PVT. LTD. ...Petitioner Vs. RESERVE BANK OF INDIA AND ORS. …Respondents CORAM:- HON'BLE MR. JUSTICE JAGMOHAN BANSAL Present:- Ms. Divya Menon, Advocate for the petitioner Mr. Gaurav Goel, Advocate for respondent-Union Bank of India *** JAGMOHAN BANSAL, J. (ORAL) 1. The petitioner through instant petition under Article 226/227 of the Constitution of India is seeking setting aside of order dated 25.05.2026 whereby respondent No.2-RBI Ombudsman has closed its complaint on the ground of maintainability. It is further seeking declaration of unilateral debit of Rs.21,74,319/- effected by respondent No.3-Union Bank of India as illegal and is seeking refund of the same. It is also seeking direction to respondent No.3-bank not to levy any interest, penal charges or recovery outside the contractual framework and without communication. It is also seeking direction to respondent No.2 to decide its complaint afresh. It is also seeking direction to respondents not to take any coercive measures on account of classification of its account as Non- Performing Asset. DEE