ORDER :

The lis involved in both the writ petitions and the respondents are same, both the writ petitions were heard together and decided by way of this common order.

2. These two writ petitions are filed to declare the minutes of resolution/order of 3rd respondent dated 25.08.2022 communicated to the petitioner vide letter dated 14.09.2022 confirming the minutes and resolution/order of 2nd respondent in minutes of meeting No.15/2021-22, dated 09.12.2021 wherein the petitioner was declared as willful defaulter, as illegal and consequently quash the same.

3. Heard Sri P. Somasekhara Naidu, the learned counsel for the petitioners, Sri M. Raghavendra Satya Gopal, learned standing counsel appearing for respondents. Perused the record.

(For the sake of convenience, the parties are referred to as they are referred in W.P.No.36248 of 2022).

4. The grievance of the petitioners is that respondent Nos.2 and 3 have passed the impugned orders dated 09.12.2021 and 25.08.2022 without following the procedure laid down under RBI Master Circular on willful defaulters dated 01.07.2015 and also in violation of the principle laid down by the Apex Court.

5. According to the petitioner in W.P.No.36248 of 2022