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2023 Supreme(Telangana) 428

SUREPALLI NANDA
Rashmit Gupta – Appellant
Versus
Union of India – Respondent


Advocates:
Advocate Appeared:
For the Appellant : Mr.Md.Sharfuddin
For the Respondents: Mr.G.Praveen Kumar, Mr.K.Rathanga Pani Reddy, Mr.P.Ramachandran

ORDER :

Heard Mr.Md.Sharfuddin, learned Counsel for the petitioner, Mr.G.Praveen Kumar, learned Deputy Solicitor General of India, for Respondent No.1, Mr.K.Rathanga Pani Reddy, learned counsel for Respondent No.2 and learned Senior Counsel Mr.Prabhakar, appearing on behalf of Mr.P.Ramachandran, learned counsel for Respondent No.3.

2. This Writ Petition is filed praying to issue a Writ of Mandamus to direct the 2nd Respondent to initiate instructions and guidelines to 3rd Respondent to adhere to the notification dated 27.03.2020 RBI/2019-20/186 DOR. No. BP.BC.47/21.04.048/2019-20 and Circular dated 17.04.2020 and Circular dated 05.05.2021 and subsequently direct the 1st and 2nd Respondent to initiate instructions and guidelines for the implementation of the Emergency Credit Line Guarantee Scheme (ECLGS) Operational Guidelines updated as on October 06, 2022 and issue of Directions/guidelines to the 2nd Respondent to direct and cease the illegal activity of 3rd Respondent of realizing the default amounts from the secured assets through action etc. and to prevent the 3rd Respondent from persistently threatening the petitioner for the recovery of defaulted amounts and also direct the Res

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