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2025 DAILYLAW 183880 (ALL)

KOMAL MAURYA AND 45 OTHERS v. U.O.I. THRU. SECY. MINISTRY OF CORPORATE AFFAIRS NEW DELHI AND 10 OTHERS

/10821/2025 · 2025-11-19

Manjive Shukla, Shekhar B Saraf

body2025

Judgment text

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HIGH COURT OF JUDICATURE AT ALLAHABAD LUCKNOW WRIT - C No. - 10821 of 2025 Court No. - 3 HON'BLE SHEKHAR B. SARAF, J. HON'BLE MANJIVE SHUKLA, J. 1. Heard Shri Alok Kumar Misra, learned counsel for the petitioner, Shri S. B. Pandey, learned Deputy Solicitor General of India and learned Senior Advocate assisted by Shri Varun Pandey for Union of India and learned Standing Counsel appearing for the State. 2. This writ petition is disposed of giving liberty to the petitioners to make an appropriate application before the competent authority under Section 7 of the Banning of Unregulated Deposit Schemes Act, 2019. If such an application is filed by the petitioners within a period of two weeks from date of receipt of a certified copy of this order, the authority concerned is directed to act, expeditiously in the manner under Section 7 of the said Act. November 19, 2025 akhilesh/- Versus Counsel for Petitioner(s) : Alok Kr. Misra Counsel for Respondent(s) : A.S.G.I., C.S.C. (Manjive Shukla,J.) (Shekhar B. Saraf,J.) Komal Maurya And 45 Others .....Petitioner(s) U.O.I. Thru. Secy. Ministry Of Corporate Affairs New Delhi And 10 Others .....Respondent(s) Digitally signed by :- AKHILESHWAR KUMAR High Court of Judicature at Allahabad, Lucknow Bench Digitally signed by :- AKHILESHWAR KUMAR High Court of Judicature at Allahabad, Lucknow Bench