$~105 * IN THE HIGH COURT OF DELHI AT NEW DELHI % Date of Decision:02^nd December, 2025 + W.P.(C) 10832/2025 AJAY NARAIN .....Petitioner Through: Mr. Adit Pujari, Ms. Mansi Sood, Mr. Bhavesh Seth, Ms. Mayuri and Ms. Khushi Gupta, Advocates.

versus RESERVE BANK OF INDIA & ORS. .....Respondents Through: Mr. Abhinav Sharma and Mr. Ayush Srivastava, Advocates for R1/RBI.

Mr. Bharat Arora and Ms. Himangi Arora, Advocates for R2.

CORAM:

HON'BLE MS. JUSTICE JYOTI SINGH

JUDGEMENT

JYOTI SINGH, J. (ORAL)

CM APPLs. 44786/2025, 44787/2025 (Exemption)

1. Allowed, subject to all just exceptions.

2. Applications stand disposed of.

W.P.(C) 10832/2025 & CM APPL. 44785/2025

3. This writ petition is filed on behalf of the Petitioner under Article 226 of the Constitution of India seeking the following reliefs:-

“(a) Issue an appropriate writ, order or direction, in the nature of mandamus, under Article 226 of the Constitution of India, 1950, or any other appropriate writ, order or direction inter alia quashing and setting aside the Letter bearing No. EC.CO.FID(III)/954/10.03.03./W-165/98-99 dated 14.12.1998 issued by the Respondent No. 1;

(b) Issue an appropriate writ, order, or direction, declaring that no relian