JUDGMENT

Vipin Sanghi, J. (Oral). - CMAPPL.28832/2021

1. Exemption allowed, subject to all just exceptions.

2. The application stands disposed of.

LPA 299/2021 & CM APPL.28833/2021

3. The appellants have preferred the present appeal to assail the judgment dated 23.10.2020 passed by the learned Single Judge in W.P.(C) No. 3515/2020 titled "Jeewan Holdings Private Limited & Another Vs.Union of India & Another". The said writ petition had been preferred by the appellants being aggrieved by the cancellation of the Certificate of Registration issued in favour of appellant No.l, by the Reserve Bank of India (RBI) vide order dated 14.09.2018, as well as the order passed by the Union of India (UOI) dated 09.04.2020 affirming the order passed by the RBI, in appeal. The appellants/ petitioners, alternatively sought a direction to the UOI to consider their representation dated 10.05.2018 and condone the delay in meeting the threshold limit of Rs.200 Lakhs - a condition for grant and continuation of Certificate of Registration as a Non-Banking Financial Company with the RBI.

4. We shall refer to the appellants as petitioners hereinafter. The relevant facts have been taken note of in the impugned ju