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2023 Supreme(Telangana) 376

UJJAL BHUYAN, C. V. BHASKAR REDDY
SKS Micro Finance Limited – Appellant
Versus
State of Andhra Pradesh – Respondent


Advocates:
Advocate Appeared:
For the Appellant : Mr. D.Prakash Reddy, representing Mr. Lokirev Preetham Reddy, Mr. L.Ravi Chander, representing Mr. Keshav Bhoopal, Mr. Saurabh Bindal, learned counsel representing Mr. Keshav Bhoopal
For the Respondents: Mr. A.Sanjeev Kumar, Mr. Govind Reddy, Mr. B.Nalin Kumar,

ORDER :

UJJAL BHUYAN, J.

This order will dispose of Writ Petition Nos.25891 of 2010, 25894 of 2010, 25999 of 2010 and 3823 of 2012.

2. We have heard Mr. D.Prakash Reddy, learned Senior Counsel representing Mr. Lokirev Preetham Reddy, learned counsel for the petitioner in W.P.No.25891 of 2010; Mr. L.Ravi Chander, learned Senior Counsel representing Mr. Keshav Bhoopal, learned counsel for the petitioner in W.P.No.25894 of 2010; and Mr. Saurabh Bindal, learned counsel representing Mr. Keshav Bhoopal for the petitioners in W.P.Nos.25999 of 2010 & 3823 of 2012. We have also heard Mr. A.Sanjeev Kumar, learned Special Government Pleader attached to the office of learned Additional Advocate General representing the State of Telangana; Mr. Govind Reddy, learned Special Counsel representing State of Andhra Pradesh; and Mr. B.Nalin Kumar, learned counsel representing Reserve Bank of India (RBI).

3. Initially the present batch of writ petitions were filed questioning the constitutional validity of the Andhra Pradesh Micro Finance Institutions (Regulation of Money Lending) Act, 2011 on the ground that it was beyond the legislative competence of the Andhra Pradesh Legislature. We may mention that pe

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