Niyam v2 is live — start for just ₹100 — 200 credits to try

may 2006

Supreme Court of India · 2006-05-11

Salim Akbarali Nanji vs Union Of India & Ors

Citation / case number
AIR 2006 SUPREME COURT 2218
Court
Supreme Court of India
Petitioner
Salim Akbarali Nanji
Respondent
Union Of India & Ors
Author
B.P. Singh
Bench
B. P. Singh, Altamas Kabir

Judgment text excerpt

The Supreme Court upheld the High Court's dismissal of the writ petition, affirming that the issues raised by the appellant regarding the Reserve Bank of India's approval for writing off debts by Development Credit Bank Ltd. were not justiciable in writ jurisdiction. The Court noted that the appellant failed to demonstrate any violation of statutory provisions under Sections 13 and 14 of the Securitisation Act, 2002 and Sections 19 and 31A of the Recovery of Debts Due to Banks Act, 1993. Consequently, the appeal was dismissed, reinforcing the principle that regulatory decisions by the Reserve Bank of India are not subject to judicial review under writ jurisdiction.

Salim Akbarali Nanji vs Union Of India & Ors · Niyam