HIGH COURT FOR THE STATE OF TELANGANA

AT HYDERABAD

THE HON’BLE SRI JUSTICE NAGESH BHEEMAPAKA

WRIT PETITION No.35055 of 2025

DATE OF ORDER:- 16.12.2025

BETWEEN:

Muthyala Raju, S/o.M.Malla Reddy,

Karimnagar. … Petitioner

AND

Union of India represented by its

Secretary, Ministry of Finance, New Delhi

& 5 others

… Respondents

ORDER:-

1. This Writ Petition is filed under Article 226 of the Constitution

of India seeking the following relief:-

“.. … … to issue an appropriate Writ, Order or Direction more particularly in the nature of Writ of Mandamus declaring the action of respondent Nos.3 to 6 in attempting to recover amounts from the petitioner as illegal and arbitrary and in violation of Reserve Bank of India Circular bearing No.RBI/2022-23/108, DOR.ORG.REC.65/21.04.158/2022-23 dated 12.08.2022 and further declaring the inaction of respondent No.2 in enforcing the said circular

as unconstitutional and violative of Article 14, 19 & 21 of the Constitution of India.

2. Heard Sri Papaiah Peddakula, learned counsel for the petitioner; Sri N.Bhujanga Rao, learned Deputy Solicitor General of India representing respondent No.1; Sri M.P.Kashyap, learned counsel for respondent No.5-Axis Bank and Sri R.Mangulal,