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IN THE HIGH COURT OF KERALA AT ERNAKULAM
BASANT BALAJI, J
VINI SANTHOSH – Appellant
Versus
UNION OF INDIA MINISTRY OF FINANCE – Respondent
| Table of Content |
|---|
| 1. petitioner seeks declaration regarding financial institution classification. (Para 1) |
| 2. court allows withdrawal for statutory remedy. (Para 2) |
JUDGMENT
(Dated this the 12th day of February, 2026)
The petitioner has filed this writ petition with the following reliefs:
(a) Decalre that Housing Finance Companies not registered under Section 29A under the National Housing Bank Act, 1987 not come under definition of “Financial Institution or any other institution as contemplated under section 2(m) of the Securitisation & Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.
(b) Declare that the Bajaj Finance Limited (CIN:L65910MH1987PLCO42961) is not a “Financial institution or any other institution as contemplated under section 2(m) or of the Securitisation & Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.
(c) Declare that all proceedings pursuant to Exhibit P2, P3 and P8 Exhibit P9 are not maintainable pursuant to Exhibit P10 Notification S.O.856(E) dated 24th February, 2020 of Ministry of Finance, Department of Financial Services, Government of India.
(d) Issue writ of Certiorari quashing to Order Dated 14th
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