Shankar Nagari Sahakari Bank Limited through Its CEO Vikram D Raje v. Idbi Bank Limited through Its Branch Manager and Others
Case brief
What is this about?
Short order of the Bombay High Court, Aurangabad Bench (Coram: Smt. Vibha Kankanwadi and Hiten S. Venegavkar, JJ.; dated 17 March 2026) disposing of Writ Petition No. 15107 of 2025 filed by Shankar Nagari Sahakari Bank Limited through its CEO against Idbi Bank Limited and others. The petitioner, advised by Dr. Mahendra Limaye, sought withdrawal after the Court noted that 31 banks including private banks were respondents while the petition invoked Articles 226 and 227 of the Constitution of India. The Court found a prima facie technical defect and permitted withdrawal with liberty to file a fresh petition with appropriate pleadings and adding the Reserve Bank of India as party respondent. No precedent cases cited; no monetary quantum involved.
What did the court decide?
Withdrawal of the writ petition with liberty to file a fresh petition with appropriate pleadings and to add the Reserve Bank of India as party respondent.