JUDGMENT :

Prayer: Writ petition filed under Article 226 of the Constitution of India for writ of certiorari calling for the records on the file of the second respondent order dated 25.06.2020 received under covering letter DOS/Che No./002/ 13.23.502/2020-21 dated 06.07.2020 and quash the same as illegal, without jurisdiction, contrary to the provisions of the Act and against the principles of natural justice and fair play.

1. The petitioner was registered with Reserve Bank of India as a non-deposit taking Non-Banking Financial Company, in short “NBFC”. Originally the petitioner was registered in the name of “Sri Patwa Benefit Fund Limited” and subsequently, the name of the petitioner was changed to “Vani Vilas Finance Limited”. A fresh certificate of registration was issued by the respondents on 21.11.2007 in favour of the petitioner.

2. The petitioner has challenged the order dated 25.06.2020 passed by the second respondent cancelling its certificate of registration for not complying with various provisions of Reserve Bank of India Act, in short “RBI, Act” and its directions/regulations issued from time to time.

3. Aggrieved by the same, this writ petition has been filed primarily on