JUDGMENT

These writ petitions are connected and therefore, I am disposing these writ petitions by a common order.

These writ petitions are filed with following prayers:

WP(C) No.5054/2025 i. Issue a writ of Certiorari, order or direction, quashing Exhibit P2 by finding it as illegal.

ii. Direct the respondents not to proceed further with Exhibit P2 order issued by the 1st respondent u/s. 7(3) of Banning of Unregulated Deposit Schemes (BUDS) Act, 2019.

iii. Declare that the provisions of Banning of unregulated Deposit Schemes (BUDS) Act, 2019 will not be applicable in the case of the petitioner, and the kuri/chitty of the petitioner on the strength of Exhibit P1, is not a deposit or unregulated Deposit Scheme, under the provisions of Banning of Unregulated Deposit Schemes (BUDS) Act, 2019.

iv. Declare that the Exhibit P2 provisional order is not liable to continue in view of the time limit prescribed in Section 14 of the Banning of Unregulated Deposit Schemes (BUDS) Act, 2019.

v. Grant such other reliefs as this Hon’ble Court may deem fit and proper considering the facts and circumstances of this case.

vi. Dispense with