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2016 Supreme(Pat) 1273

HEMANT GUPTA, AHSANUDDIN AMANULLAH
Banking Business Facilitators Association – Appellant
Versus
Chairman, State Bank of India – Respondent


Advocate Appeared:
For the Petitioner:Mr. Manan Kumar Mishra, Senior Advocate, Mr. Ashutosh Tripathi and Mr. Sanjay Kumar Pandey, Advocates
For the Respondent:Mr. Vinod Kumar Kanth, Senior Advocate and Mr. Sanjeev Kumar, Advocate

JUDGMENT :

Hemant Gupta, J.

1. This order shall dispose of L.P.A. No.1274 of 2015 and L.P.A. No.1516 of 2016 preferred by the writ applicants.

2. L.P.A. No.1516 of 2016 is directed against an order passed by the learned Single Judge on 8th of August, 2013, whereas L.P.A. No.1274 of 2015 is directed against an order dated 29th April, 2015, whereby a petition for review of the order dated 8th August, 2013 remained unsuccessful.

3. The brief facts, out of which the present appeals arise, are that the Reserve Bank of India on 25th January, 2006 issued a Circular to all Scheduled Commercial Banks for use of Business Facilitators and Correspondents for extension of Banking Services. The objective of the Scheme; the eligible entities and scope of activities contained therein are reproduced below:-

"Financial inclusion by Extension of Banking Services-Use of Business Facilitators and Correspondents : With the objective of ensuring greater financial inclusion and increasing the outreach of the banking sector, it has been decided in public interest to enable banks to use the services of Non- Governmental Organisations/ Self Help Groups (NGOs/ SHGs), Micro Finance Institutions (MFIs) and other Civ

































































































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