Ramesh Lakhpatrai Aggarwal and Anr. v. Reserve Bank of India and Ors.
Case brief
What is this about?
Seven consolidated Bombay High Court writ petitions (WP 8534/2022, 11079/2024, 5762/2022, 7753/2022, 7728/2022, 4302/2022, 2847/2025) before Bharati Dangre and Manjusha Deshpande, JJ. Petitioners: Bhalchandra Dinkar Gondekar and Ors., Ramesh Lakhpatrai Aggarwal and Anr., Paresh Mehta and Ors., Maharashtra Rajya Sahakari Patasanstha Federation Ltd, Nashik Road Nagari Sahakari Pat Sanstha Ltd, Vilas M. Patel and Ors., Neha Ramchandani. Respondents include Reserve Bank of India Through Governor, the Union of India, DICGC (Respondent No. 6) and Punjab and Maharashtra Co-op. Bank Ltd. Senior counsel of record: Virendra Tulzapurkar, Ravi Kadam, Ashish Kamat, Venkatesh Dhond. Order dated 16-02-2026: hearing concluded, rejoinder permitted till 18-02-2026, closed for judgment; no merits adjudication, no statutes or precedents cited, no quantum involved.
What did the court decide?
Liberty to petitioners' counsel to file a rejoinder note on or before 18 February 2026; matters closed for judgment (judgment reserved).