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.