IN THE HIGH COURT OF MADHYA PRADESH

AT GWALIOR

BEFORE

HON'BLE SHRI JUSTICE AMIT SETH

WRIT PETITION No. 13866 of 2022

THE DISTRICT CENTRAL COOPERATIVE BANK HEAD OFFICE AT NEAR

GIRLS SCHOOL COURT ROAD SHIVPURI THR. ITS

Versus

THE RESERVE BANK OF INDIA AND OTHERS

Appearance:

Shri Narottam Sharma - Advocate for the petitioner.

Shri Raju Sharma - Advocate for respondent No.1.

None for respondent No.2, though served.

Reserved on : 03/12/2025 Delivered on : 12/01/2026

ORDER under the provisions of the M.P. Cooperative Societies Act, 1960, is operating in District Shivpuri and is holding a banking license from the RBI.

The instant writ petition filed under Article 226 of the Constitution of India

claims the following reliefs:

"(a) That, the order Annexure-P/1 may kindly be quashed and the

waiver application of the petitioner may kindly be allowed,

The orders levying penal interest Annexure-P/4 & P/5, so also the recovery and coercive proceedings pursuant thereto may also be

quashed,

(b) Costs and any other relief which this Hon'ble Court may deem fit

kindly be awarded."

2. Brief facts leading to filing of the present writ petition are as under:

2​ .1The petitioner, being a District Central Cooperative Bank regist