Dismissed¶15

Jatin Sethi v. Reserve Bank of India & Ors.

Delhi HC18 Mar 2025W.P.(C)/3310/2025

Case brief

AI extract

What is this about?

Yes Bank Limited; termination from services; writ petition against private bank; bank neither State nor instrumentality of the State; service dispute not amenable to writ jurisdiction; Reserve Bank of India impleaded as respondent No. 1; prayer for investigation into actions of Yes Bank and its officials; Bhupendra Dwivedi vs. Yes Bank Ltd, W.P.(C) 1413/2024, judgment dated 23.02.2024, followed; withdrawal with liberty to pursue alternative remedies; dismissed as withdrawn; Delhi High Court; Prateek Jalan, J.; W.P.(C) 3310/2025; CM APPL. 15624/2025; 18.03.2025.

What did the court decide?

Permission to withdraw the writ petition with liberty to take such alternative remedies as may be available to the petitioner; writ petition, alongwith the pending application (CM APPL. 15624/2025), dismissed as withdrawn. ¶15

Jatin Sethi Vs Reserve Bank of India & Ors. — Delhi HC (2025) — LawSathi Research

What the court decided

AI extract

Outcome

¶15

Issue for consideration

Whether the petitioner’s grievances regarding his termination from the services of Yes Bank Limited (respondent No. 2), together with the added prayer for investigation into the actions of Yes Bank Limited and its officials, can be adjudicated in the writ jurisdiction against the private bank.

¶8

Court's answer

Applying this Court's judgment dated 23.02.2024 in W.P.(C) 1413/2024 (Bhupendra Dwivedi vs. Yes Bank Ltd), Yes Bank is neither a State nor an instrumentality of the State, and disputes concerning service matters with the Bank are not amenable to adjudication in the writ jurisdiction; the primary relief being evidently against the private bank, the writ route was not available and withdrawal with liberty was permitted.

¶9

Detailed headnote1 paragraphs

Writ petition (High Court of Delhi, Prateek Jalan, J.), order dated 18.03.2025 in W.P.(C) 3310/2025 & CM APPL. 15624/2025 — Service law / maintainability of writ against a private bank. The petitioner's grievances concerned his termination from the services of Yes Bank Limited (respondent No. 2); although Reserve Bank of India was impleaded as respondent No. 1 with an added prayer for investigation into the actions of Yes Bank Limited and its officials, the primary relief was evidently against the private bank. Following this Court's judgment dated 23.02.2024 in W.P.(C) 1413/2024 (Bhupendra Dwivedi vs. Yes Bank Ltd), wherein it was held that the Bank is neither a State nor an instrumentality of the State and such disputes are not amenable to adjudication in the writ jurisdiction, learned counsel sought permission to withdraw. The writ petition, alongwith the pending application, was dismissed as withdrawn with liberty to take such alternative remedies as may be available to the petitioner.

¶1

$~60

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* IN THE HIGH COURT OF DELHI AT NEW DELHI

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W.P.(C) 3310/2025 & CM APPL. 15624/2025 JATIN SETHI .....Petitioner Through: Mr. Inderjeet Sisodia, Advocate.

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versus

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RESERVE BANK OF INDIA & ORS. .....Respondents Through: None.

¶6

CORAM: HON’BLE MR. JUSTICE PRATEEK JALAN

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O R D E R % 18.03.2025

¶8

The petitioner’s grievances in this writ petition are with regard to his termination from the services of the respondent No. 2 – Yes Bank Limited. Although Reserve Bank of India has been impleaded as respondent No. 1 in the petition, and a prayer has also been added seeking investigation into the actions of Yes Bank Limited and its officials, the primary relief is evidently against the private bank.

¶9

As far as service matters are concerned, in a case involving the very same bank, this Court has held that the Bank is neither a State nor an instrumentality of the State and the disputes are therefore not amenable to adjudication in the writ jurisdiction [Judgment dated 23.02.2024, in W.P.(C) 1413/2024: Bhupendra Dwivedi vs. Yes Bank Ltd ].

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In view of the above, learned counsel for the petitioner, seeks permission to withdraw the writ petition with liberty to take such

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Page 1 of 2

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W.P.(C) 3310/2025

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This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 20/03/2025 at 12:40:14

¶14

alternative remedies as may be available to the petitioner.

¶15

The writ petition, alongwith pending application, is dismissed as withdrawn with liberty as aforesaid.

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PRATEEK JALAN, J

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MARCH 18, 2025 “Bhupi”/kb/

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Page 2 of 2

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W.P.(C) 3310/2025

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This is a digitally signed order.

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The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 20/03/2025 at 12:40:14

Jatin Sethi v. Reserve Bank of India & Ors.

Case brief

What is this about?

What did the court decide?

Jatin Sethi v. Reserve Bank of India & Ors.

Case brief

What is this about?

What did the court decide?

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What the court decided

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