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2021 Supreme(Bom) 35

R.D.DHANUKA, V.G.BISHT
Arun T. Dhumale – Appellant
Versus
State of Maharashtra, Through the Government Pleader – Respondent


Advocates Appeared:
For the Petitioners: Mr. Bhavesh Parmar a/w Mr. Rahul Gaikwad, Mr. Rajesh Sahani, Ms. Gauri Govilkar with Ms. Ritika Bharadia i/by Gravitas Legal, Mr. D.V. Sawant a/w Ms. Priyanka P. Kulkarni and Mr. Abhishek Sawant i/by M/s. P.S. Chambers.
For the Respondent: Mr. Venkatesh Dhond, Senior Counsel a/w Mr. Prasad Shenoy, Ms. Aditi Phatak and P. Zaiwala i/by M/s. Udwadia and Co., Mr. M.M. Chunawala i/by Mr. A.A. Ansari, Ms. Jyoti Chavan, AGP, Mr. Yuvraj D. Patil, AGP, Mr. Rajan S. Pawar, AGP.

JUDGMENT :

R.D. Dhanuka, J.

1. By Writ Petition (Stamp) No. 95405 of 2020 filed under Article 226 of the Constitution of India, the petitioners have impugned the order dated 28th April, 2020 passed by the respondent no.3 i.e. Reserve Bank of India thereby cancelling the licence of the CKP Co-operative Bank Limited to carry on the banking business in India under Section 22 read with Section 56 of the Banking Regulation Act, 1949 (hereinafter referred as ‘the said CKP Bank’). The petitioners in Writ Petition (L) No. 5797 of 2020 have impugned the order dated 22nd Separate, 2020 passed by the respondent no.2 i.e. Department of Co-operation Marketing and Textiles and order dated 4th May, 2020 appointing the Liquidator of the said CKP Bank.

2. The petitioners in Writ Petition (Stamp) No. 97828 of 2020 have challenged the order dated 28th April, 2020 passed by the respondent no.2 i.e. Reserve Bank of India thereby cancelling the licence of the said CKP Bank and have also impugned the order dated 4th May, 2020 passed by the Commissioner for Co-operation and Registrar of Co-operative Societies thereby appointing a Liquidator of the said CKP Bank. The petitioners in the said Writ Petition have

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