The High Court · 2025

Building, Agastya Corporate Park, Kamani Junction, Opp. Fire Station, LBS Marg, Kurla(W), Mumbai - 400070.

10.StVlFG lndia Credit Co. Ltd., Rep. by its Chief [\4anager, Second Floor, Unit No.21-22,Kalpataru Square, Kondivita Road, Off. Andheri Kurla Road, Andheri(East), Mumbai - 400059, Maharasthra. "8fil,"#[1{il:ifr *?"*=Hfu ff ?,y,:#t"j}s,f S,y8h}r,r0"," ...RESPONDENTS petition under Article 226 of the Constituti circumstan:es srated in in"-rlioauiin[i' ;#;#,f, r ,,,ll,ir,?rr#r[ii] ,i: pleased to issue ?r appropriate writ, brd;, or=oTru"tion, ,or"-paiicurarry in the nature of v/rit or naanoarr., o""rar]ng tn" L.ii# of responounl r.lor. 3 to 10 in attempting to recover rrorni.]t1 *,6 p"tit["f,i".:n arbitrary,itiugrr, and high_ handed ma'rner without r"rr"*jrg tl" orJ pioI"J, the Reserve Bank rr* and in,bratln, ,iotrtion of "i'r"ii]'6il"rr", Jrt"JZ oi..rgrz oearin!-rio RBu2o22_ "r 23t1oB, DoR.oRG.ntc.bllzti , satzoii_2.]r-ni furrher o""LJrirg the inaction ffli,:tJ,T[t",,l[*':;.,treH,1fl ,:1i1#i,,,;;;;nt,;,",,,o,"ovio,ative iiiry:i,"1=::tqJ:8,r,,':r:l"nifl "rff 5,fl ry.#,':::?:ilr,y.;;,:,JIL: process of law and'thJ'roi"t"ii bircutar in att reco':l:1:"v comply with tre-Jul ;T::;:,:::f:?"" rvoi J-ti'"r o, t1"1,##:1:11,ffi':i:[,n,: ;Xl,tS ntmd?o;l#r.r,ffi iff iil:?,"T jll!J:,i?I,.rfi T"ffi u:",lrLffi f^:l or his famir,r members,';f.re,e1.'tr rrienJr;l;;j;l;"s persistent o, anonymous calls' threatt-'ninq messag"., oi pr,ysicar visit; ili" p_etitioner,s premises, and and to initiate appropriat" ,ni-riringent-r"til" alainst the errani officiars of r;i[,. and spirit ",r"rr".in responden*'ros. 3 to io roi ,ioiltiis lu!rfr;;;;,'r;l penoins disposar of the writ petition, direr:t the respon;il N;.i 1" ro n;i'i;'Ertl to any .o"r"rl measures S?;'J,:iHifli:ffi!,;;ili il;;isr' rawrui ;;;;:'nd in strict aorrerlnce to the COUNSEI fOr IlhE PEtitiONEr: SRI BONTHU LOKESH PHANINDRA REDDY COUNSEI fOr thE RESPONdENT NO.1: SMT. B. KAVITHA YADAV Counsel for the Respondent No.3: SRI N. SUDHARSHAN Counsel for the Respondent No.2 & 4 to 10: _ _ - _ The Court made the following: ORDER '"tionJ"ni"*t'z"lotnfor"e ir,"'.rii Rr, (sc FOR CENTRAL covT) further direc;: THE HON'BLE SRI JUSTICE NAGESH BHEEMAPAKA WRIT PETITION No .27866 of 2025 ORDER: Sri B.Lokesh Phanindra, learned counsel for the petitioner; Smt. B. Kavitha Yadav, learned Standing Counsel for Central Government, for respondent No.1 and Sri N. Sudharshan, learned counsel for respondent No.3.

2. Despite service of notice, none appeared for remaining respondents.

3. When the matter is taken up for hearing, learned counsel for petitioner submitted that the issue raised in this Writ Petition is squarely covered by the order passed by this Court in W.P.No.S2OO of 2024, dated I { 25.04.2024 and therefore, the same order may be passed in this writ petition as well. The operative portion o[ the said order reads as under: '8. For the aforesaid reasons and as the procedure adopted by the respondent Nos.4 to 7 for recovery of loan amount from the petitioner, amounts to violation of the rights guaranteed under Articles 14 and 2l of the Constitution of India, this Court deems it appropriate to direct the respondents, to ensure that the agents engaged by them for recovery of the loan amounts, shall strictly follow the guidelines and instructions issued by the Reserve Bank of India and also the judgments of the Hon'ble Supreme Court in ICICI Bank Ltd Vs. Prakash Kaur's case (1 supra) and ICICI Bank Vs. Shanti Devi Sharma's case (2 supra). 9. With the above said direction, the writ petition is disposed of."

4. Learned counsel for respondent Nos.l and 3 have no objection. .\ Z

5. Accordirrgly, in terms of the order passed by this court in W.P.No.52O0 ol 2024, dated 25.O4.2024, and for the reasons alike, this u,rit petition is disposed of directing the respondent authorities and their agents to scrupulously follow the guidelines/instructions issued by the Reserve Bank of India in its Circular dated 12.08.2022 and also the judgments of Hon'ble Supreme court in ICICI Bank Ltd. v. Prakash Kaur,ls case and ICTCI Bank ri'. Shanti Devi Sharma'2s case, while recovering the loan amounts from the petitioner. No costs. Pending miscellaneous applications, if any, shall stand closed. \ To, //TRUE COPY// SD/. A.H.S.GOWRI SHANKAR ASSISTANTTISTRAR SECTIbfl( OFFTCER

1. The Secretary, Ministry of Finance, Union of lndia, New Delhi 2. The Chir:f General Manager, Reserve Bank of lndia (RBl), 6, Sansad Marg, New De'hi - 110001

3. The Chi,:f Manager, HDFC Bank Limited, No 1/10/60/3, Suryodaya, Begumpet, Hyderabad, Telangana 50001 6

4. The Chief [vlanager, RBL Bank, Shop no 5-4110 BO 5-4111 Ground floor, Chanda Nagar, Hyderabad, Telangana 500050

5. The Chief Manager, NDX P2P Private Limited, 1st Floor, B-104, The Qube C.T.S.No.1498, Al2, t\I.V. Road, Hasan Pada Road, tvlittal lndustrial Estate, Marol Andheri (East), Mumbai, Maharashtra 400059.

6. The Chief Manager, ADITYA BIRLA CAPITAL Limited, One World Center, Tower 1 , 18th Floor, Jupiter Mills Compound, 841, Senapati Bapat Marg, Elphinsl:one Road, Mumbai- 400091 .

7. The Ch ef fi/anager, NAVI FINSERV Limited, 2nd Floor, Vaishnavi Tech Square lballurVillage, Begur Hobli, Bengaluru, Karnataka 560102.

8. The Chief Manager, HERO FINCORP, A-44, Mohan Cooperative lndustrial Estate, [Vlathura Road, New Delhi - 110044.

9. The Chief Manager, Piramal Finance Limited, 601, 6th Floor, Amiti Building, Agasty:l Corporate Park, Kamani Junction, Opp. Fire Station, LBS Marg, Kurla(U/), Mumbai - 400070.

10.The Chief Manager, SMFG lndia Credit Co. Ltd., Second Floor, Unit No.21- 22, Kalcataru Square, Kondivita Road, Off. Andheri Kurla Road, Andheri(East), [Vlumbai - 400059, Maharasthra. 1 1. one Co to SRI BONTHU LOKESH PHANINDRA REDDY, Advocate [opUC] 12.One CC to SRI N. SUDHARSHAN, Advocate [OPUC] 13. One C() to SMT. B. KAVITHA YADAV (SC FOR CENTRAL GOVT) tOpUCI 14.Two CD Copies BN % HIGH COIJRT DATED i2411112025 t,, C) ( i 'I{eI 1 ? rrit 1fl')f, * ORDER WP.No.2i'866 of 2A25 DISPOSING OF THE WRIT PETITION WITHOUT COSTS $6