Research › Search › Judgment

Madras High Court · body

2026 DAILYLAW 56901 (MAD)

K.BALAJI v. THE GOVERNOR

WP/27158/2026 · 2026-07-20

Mohammed Shaffiq

Transfer Petitionbody2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

WP No. 27158 of 2026 __________ Page1 of 5 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 20-07-2026 CORAM THE HON'BLE MR.JUSTICE MOHAMMED SHAFFIQ WP No.27158 of 2026 and WMP No.29720 of 2026 K.Balaji ..Petitioner(s) Vs 1. The Governor, Reserve Bank of India, Having Office at Fort Glacis, No.16, Rajaji Salai, Post Box No.40, Chennai- 600 001 and also having Office at 18th Floor, Central Office Building, Shahid Bhagat Singh Road, Mumbai- 400 001. 2. The Securities and Exchange Board of India (SEBI), Plot No.C4-A, “G” Block, Bandra Kurla Complex, Bandra (East), Mumbai- 400 051, Maharashtra. 3. Shri Rajiv Anand, Managing Director and CEO, Indusind Bank Limited, IBL Tower, Next to Karumuthu Center, Door No.636, Anna Salai, Nandanam, Chennai-035. ..Respondent(s) PRAYER: Writ Petition filed under Article 226 of the Constitution of India, praying to issue Writ of Mandamus, directing first and second Respondents: a) https://www.mhc.tn.gov.in/judis WP No. 27158 of 2026 __________ Page2 of 5 to consider and dispose of petitioner’s representations dated 10.02.2026 and 13.05.2026 in a time - bound manner b) To conduct a proper inquiry/investigation into the actions of respondent No.3, namely Induslnd Bank Limited; c) to take appropriate regulatory, supervisory, and penal action in accordance with law d) to ensure strict compliance with applicable statutory and regulatory framework by Respondent No.3 For Petitioner(s): M/S.K.S.BADHRINATHAN ORDER Today when the matter was taken up for hearing, the learned counsel for the petitioner sought permission of this Court to withdraw the writ petition, with liberty to workout his remedy in the manner know to law. He has also made an endorsement to that effect. 2. Recording the submission and endorsement made by the learned counsel for the petitioner, the writ petition stands dismissed as withdrawn, with liberty as prayed for. There will be no order as to costs. Consequently, connected miscellaneous petition is closed. 20-07-2026 Index: Yes/No Speaking/Non-speaking order Neutral Citation: Yes/No MRN https://www.mhc.tn.gov.in/judis WP No. 27158 of 2026 __________ Page3 of 5 To 1. The Governor Reserve Bank of India, Having Office at Fort Glacis, No.16, Rajaji Salai, Post Box No.40, Chennai- 600 001 and also having Office at 18th Floor, Central Office Building, Shahid Bhagat Singh Road, Mumbai- 400 001. 2. The Securities and Exchange Board of India (SEBI), Plot No.C4-A, G Block, Bandra Kurla Complex, Bandra (East), Mumbai- 400 051 Maharashtra. 3. Shri Rajiv Anand Managing Director and CEO Indusind Bank Limited, IBL Tower, Next to Karumuthu Center, Door No.636, Anna Salai, Nandanam, Chennai-035. https://www.mhc.tn.gov.in/judis WP No. 27158 of 2026 __________ Page4 of 5 MOHAMMED SHAFFIQ, J. MRN WP No.27158 of 2026 20-07-2026 https://www.mhc.tn.gov.in/judis WP No. 27158 of 2026 __________ Page5 of 5 https://www.mhc.tn.gov.in/judis