$~2 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 12219/2024 & CM APPL. 53545/2024 RAJIV GUPTA ....Petitioner Through: Mr. Abhishek Garg, Adv. Mr. Yash Gaiha, Adv. Mr. Naman Mehta. Adv.

versus PUNJAB NATIONAL BANK LIMITED & ORS. .....Respondents Through: Mr. Santosh Kumar Rout, Adv. for R1 CORAM:

HON'BLE MR. JUSTICE JASMEET SINGH

O R D E R

% 21.01.2026

1. This is a writ petition filed under Article 226 read with Article 227 of the Constitution of India seeking the following reliefs:

“A) Issue appropriate writ in the nature of certiorari or directions/order quashing the Impugned Order dated

28.08.2024 issued by Respondent No. 1;

B) Issue appropriate writ in the nature of certiorari or directions/order quashing the Impugned Show Cause Notice dated 30.04.2024 issued by Respondent No. 1 (Due to typographical error the date on the Impugned Show Cause Notice is mentioned as 30.04.2023) ;

C) Issue appropriate writ in the nature of mandamus or directions/order to stay the operation of Impugned Order and all the consequent proceedings arising out of the Impugned Order dated 28.08.2024 issued by Respondent No. 1 thereto...”

2. The brief facts of the case are that the petitioner is a former Dire