Surya Agro Industries v. the Indian Bank
Case brief
What is this about?
Willful defaulter classification; Indian Bank; RBI (Treatment of Willful Defaulter and Large Defaulters) Directions, 2024; writ petition dismissed as infructuous; Articles 14, 19, 21 Constitution of India; no order as to costs; miscellaneous applications closed; K. Sreenivasa Reddy, J.; Writ Petition No. 2186 of 2026; decision dated 19.02.2026.
What did the court decide?
Recording learned counsel for the petitioner's submission that the cause in the Writ Petition does not survive for adjudication and the matter has become infructuous, the Writ Petition is dismissed as infructuous, with no order as to costs, and pending miscellaneous applications, if any, stand closed. ¶22