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october 2022

Supreme Court of India · 2022-10-14

RESERVE BANK OF INDIA vs BIG KANCHEEPURAM COOPERATIVE TOWN BANK LTD

Citation / case number
SC 2022/4187
Court
Supreme Court of India
Petitioner
RESERVE BANK OF INDIA
Respondent
BIG KANCHEEPURAM COOPERATIVE TOWN BANK LTD
Author
HON'BLE THE CHIEF JUSTICE
Bench
HON'BLE MS. JUSTICE HIMA KOHLI HON'BLE THE CHIEF JUSTICE

Judgment text excerpt

The Supreme Court ordered the transfer of multiple writ petitions challenging the validity of the Banking Regulation (Amendment) Act 2020 and its associated circular to a single High Court for consolidated adjudication. The court noted the common legal questions arising in these petitions and emphasized the need for a unified approach to ensure justice. This decision aims to streamline the legal process and avoid conflicting judgments across different High Courts.

RESERVE BANK OF INDIA vs BIG KANCHEEPURAM COOPERATIVE TOWN BANK LTD · Niyam