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2025 Supreme(Online)(Del) 7244

IN THE HIGH COURT OF DELHI AT NEW DELHI
C. HARI SHANKAR, AJAY DIGPAUL, JJ
INFRASTRUCTURE WATCHDOG – Appellant
Versus
UNION OF INDIA AND ORS – Respondent


Advocates:
For the Appellants/Petitioners: Mr. Prashant Bhushan, Mr. Pranav Sachdeva, Mr. P. Rohit Ram, Mr. Abhay Nair, Mr. Sanyam Jain
For the Respondents: Mr. Amit Tiwari, Mr. Himanshu Bidhuri, Mr. Ayush Tanwar, Mr. N. Venkatraman, Mr. Nishant Awana, Mr. Abhishek Singh, Mr. S.K. Rout, Mr. R. Venkataramani, Mr. Alok Kumar, Ms. Parnika Jolly, Mr. Tarun Kumar, Mr. Mukul Rohatgi, Mr. Rajiv Nayar, Mr. Sidhant Kumar, Mr. Saurabh Seth, Mr. Arpit Singh Arora, Ms. Devanshi Singh, Mr. Akshit Mago, Mr. Om Batra, Ms. Molly Agarwal, Mr. Pratyush Srivastava, Mr. Ravinder Agarwal, Mr. Manish Kumar Singh, Mr. Vasu Agarwal, Mr. Anupam S. Sharma, Ms. Harpreet Kalsi, Mr. Vashisht Rao

Table of Content
1. definition and context of public interest litigation. (Para 1 , 2 , 3 , 4)
2. background and details of the allegations regarding loans and valuations. (Para 5 , 6)
3. arguments presented by the bom and pnb against the writ petition. (Para 7 , 8 , 9)
4. court's observations on the implications of entertaining public interest litigations. (Para 10 , 11 , 12 , 13 , 14 , 15)
5. court's caution against unwarranted investigations in private contracts. (Para 16 , 17 , 18)
6. legal standards for entertaining allegations of financial impropriety. (Para 19 , 20 , 21 , 22)
7. assessment of financial prudence in the context of ots agreements. (Para 23 , 24 , 25)
8. reiteration of the requirements for instituting investigations and potential misuse of pil. (Para 26 , 27 , 28)
9. caution against judicial overreach in matters of regulatory investigation. (Para 29 , 30 , 31)
10. final considerations on the dismissal of the pil. (Para 32 , 33)
11. emphasis on the accountability and discretion of regulatory bodies. (Para 34 , 36 , 37 , 38 , 39)
12. summary conclusion and order dismissing the writ petition. (Para 40 , 41 , 42 , 43 , 44)
C. HARI SHANKAR, J.

1. The contours of public interest li

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