# In the matter of Adisri Commercial Private Limited and Anr. Vs. Reserve Bank of India and ors. Writ Petition (L.) No. 22872 of 2021

> HC judgment dated 2021-10-07. Citation: TCN-2021-HC-00015. This is a writ petition (L.) No.22872 of 2021 filed in the High Court of Judicature at Bombay,…

- **Court:** HC
- **Order date:** 7 Oct 2021
- **Citation:** TCN-2021-HC-00015
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/high-courts-chandigarh-bench/adisri-commercial-private-limited-and-anr-vs-reserve-bank-of-india-and-ors-writ-9bc85ca2

## Summary

### Background

This is a writ petition (L.) No.22872 of 2021 filed in the High Court of Judicature at Bombay, Ordinary Original Civil Jurisdiction. Adisri Commercial Private Limited and another are the petitioners, and the Reserve Bank of India and others are the respondents. The court heard the senior counsel for both parties.

## Facts

Adisri Commercial Private Limited and another filed a writ petition (L.) No.22872 of 2021 in the High Court of Judicature at Bombay against the Reserve Bank of India and others. Mr.Janak Dwarkadas, Senior Advocate, represented the petitioners, while Mr.Ravi Kadam represented respondent No.1, the Reserve Bank of India. The court, presided over by Justices Ujjal Bhuyan and Madhav J. Jamdar, heard the arguments but ultimately dismissed the petition, stating that the reasons for the dismissal would be dictated separately.

## Issues and analysis

### Issue 1: Whether the writ petition …

**Ratio:** The court has the discretion to entertain or dismiss a writ petition based on its

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**Reasoning:** The court decided not to entertain the writ petition, indicating that it found sufficient

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**Interpretation:** The court's decision reflects its power to determine whether a writ petition

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**Application:** In this case, the court applied its discretion to dismiss the writ petition,

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## Parties

- **Judges:** UJJAL B…; Madhav J.…
- **Appellants:** Adisri Commercial…
- **Respondents:** Reserve Bank of…

## Timeline

- **2021-10-07 — Order Da…**: The High Court of Judicature at Bombay…

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