O R D E R

% 26.08.2025

1. The present petition has been filed seeking quashing of classification dated 12.02.2019 whereby the account of petitioner was classified as ‘fraud’. 2. Mr. Aditya Wadhwa, learned counsel appearing on behalf of petitioner submits that the only ground which has been articulated in the present petition is that petitioner’s account has been classified as ‘fraud’ without issuance of show cause notice and without affording any personal hearing to petitioner.

3. He has placed reliance on the decision of Hon’ble Supreme Court in State Bank of India vs. Rajesh Aggarawal , (2023) 6 SCC 1. He further relies upon the decision of the Division Bench of this Court in IDBI Bank Limited vs. Gaurav Goel & Ors., 2025 SCC OnLine Del 935.

4. On a specific query posed by the Court to Mr. S.K. Sharma, learned counsel appearing on behalf of respondent/bank as to whether the hearing was afforded to petitioner, he submits that as per the Master Circular which was in vogue at the time of passing of the order, there was no requirement of affording personal hearing.

5. However, he fairly concedes that in the decision of Hon’ble Supreme Court in Rajesh Aggarawal (supra), the Apex Court has