ASHOK TIWARI & ORS. v. RESERVE BANK OF INDIA & ANR.
W.P.(C)/15797/2024 · 2026-07-28
Jasmeet Singh
Writ Petition (Civil)body2024
DailyLaw.ai
[ 2024 DAILYLAW 3352 (DEL) · dailylaw.ai ]
DailyLaw.ai
[ 2024 DAILYLAW 3352 (DEL) · dailylaw.ai ]
Judgment text
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$~62 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 15797/2024 & CM APPL. 66308/2024, CM APPL.
66309/2024, CM APPL. 66310/2024, CM APPL. 32133/2026, CM APPL. 43960/2026 ASHOK TIWARI & ORS. .....Petitioner Through: Mr. Saurabh Kirpal, Sr. Adv., Mr. Anil Kumar, Adv., Mr. Ashutosh Thakur, Adv., Mr. Abhishek Kumar Gupta, Adv., Mr. Gunjesh Ranjan, Adv. versus IDBI BANK LIMITED .....Respondent Through: Mr. Sidhartha Barua, Adv. Mr. Kumar Arnav Singh Deo, Adv. Mr. Naman, Adv. Mr. Rishav, Adv. Adv. Vikrant N Goyal
CORAM:
HON'BLE MR. JUSTICE JASMEET SINGH O R D E R % 28.07.2026
1. This is a writ petition filed under Article 226 of the Constitution of India seeking the following prayers:-
“(i) Issue an appropriate Writ/Order or directions in the nature of Certiorari or any other appropriate Writ, Order or direction thereby quashing and setting aside of the Order dated 22nd October 2024 (Annexure P/40) passed by the Wilful Defaulter Review committee of IDBI Bank Limited bearing
order no.WDRC/14/(FY 2024- 25)/VTL communicated under the signature of the Chief General Manager-NPA Management of the Respondent-IDBI Bank Limited whereby the Petitioners have been arbitrarily & 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 01/08/2026 at 11:38:01
illegally declared as Wilful Defaulters and their names are to be reported to the Credit Information Companies (CICs) and other consequential actions to be initiated against the Petitioners as specified in the RBI Master Circular; and/or (ii) Issue an appropriate Writ/ Order or Direction in the nature of Mandamus directing the Respondents not to take any action against the Petitioners or the Company or any of its Officers/Guarantors pursuant to their classification/declaration as Wilful Defaulters; and/or (iii) Issue an appropriate Writ/Order or Direction directing the respondents to withdraw any complaint or proceeding or publication that may have been initiated by them pursuant to the wrongful Classification/Declaration of the petitioners as Wilful Defaulters; and/or (iv) Issue an appropriate Writ/Order or Directions thereby quashing and setting aside of the notice contained in Ref.No.IDBI/NMG/Delhi/VTL/2024-25/422-425 dated 7th November 2024 (Annexure P/41) issued under the RBI Master Directions on treatment of Wilful Defaulters and Large Defaulters dated 30th July 2024 (“RBI Master Direction”) by the GM-NMG of the respondent-IDBI Bank Limited, whereby the petitioners have been asked to pay their non-existent outstanding amount within a period of 21 days, failing which the respondent-IDBI Bank Ltd., shall publish the names and photographs of the Petitioners alongwith other details in the newspapers; and/or 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 01/08/2026 at 11:38:01
(v) Issue an appropriate Writ/Order or Directions in the nature of Certiorari thereby quashing and setting aside of the
order no.WDC/16/(FY 2024)/ VTL dated 18th March 2024 (Annexure P/32) of the Wilful Defaulter Committee communicated vide separate letters dated 26th March 2024 wherein decision was taken to declare the petitioners as Wilful Defaulters and various findings of Wilful Default were recorded against them;....”
2. In the present case, vide order dated 22.10.2024 passed by Wilful Defaulter Review Committe, the petitioner has been declared as a wilful defaulter.
3. Mr. Barua, learned counsel for the respondent bank states that the respondent is required to send a list of willful defaulter every month to the Reserve Bank of India. Since May, 2026, the respondent has stopped reporting the petitioners as willful defaulter. The consequence of the same is that the petitioner is no longer treated as a willful defaulter.
4. The statement of Mr. Barua, learned counsel is taken on record and the respondent is bound by the same.
5. In view of the statement of Mr. Barua, learned counsel, there is no surviving cause of action to pursue the petition and the same is accordingly disposed of.
JASMEET SINGH, J JULY 28, 2026 / (MS) 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 01/08/2026 at 11:38:01