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2024 Supreme(SC) 1251

SURYA KANT, UJJAL BHUYAN
Manisha Nimesh Mehta – Appellant
Versus
Board Of Directors Chairman And Managing Director Of ICICI Bank – Respondent


Advocates:
Advocate Appeared:
For the Petitioner: Mr. Mathews J. Nedumpara, Adv., Ms. Usha Nandini V., AOR, Ms. Maria Nedumpara, Adv., Ms. Hemali Kurne, Adv., Ms. Rohini Amin, Adv., Mr. Shameem Fayiz, Adv.
For the Respondent: Mr. Sumit Goel, Adv., Ms. Sreeparna Basak, Adv., Ms. Pratyusha Singh, Adv., Ms. Ruchi Krishna Chauhan, Adv., For M/S. Parekh & Co., AOR

ORDER :

1. Issue notice.

2. Mr. Sumit Goel, learned counsel accepts notice on behalf of respondent Nos.1 and 4.

3. It is not necessary to serve the other respondents in view of the order we propose to pass in the instant matter.

4. Leave granted.

5. The instant Civil Appeal is directed against the order dated 19.03.2024, passed by a Division Bench of the High Court of Judicature at Bombay in Review Petition (Writ Petition)(L) No.4048 of 2024 in Writ Petition No.277 of 2024 (Writ Petition (L)No.35792 of 2022). The said Review Petition was moved by the appellant seeking to recall the judgment dated 11.01.2024, whereby the Division Bench of the High Court dismissed a batch of Writ Petitions filed against various banks, inter alia, claiming that the statutory Notifications/guidelines issued by the Reserve Bank of India were not followed by these banks while classifying the loan accounts of the writ petitioners as NPA. It was claimed that the banks were mandated to follow those Circulars in the case of Micro, Small and Medium Enterprises (for short, `MSME’). Vide the said judgement dated 11.01.2024, the High Court dismissed the challenge on the ground that the banks were not obligated to fol

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