Case Law Details
Harsh Nitin Gokhale Vs Reserve Bank of India & Ors (Supreme Court)
In the present case, writ petition file seeking relief to exclude the time period of lockdown for calculating the limitation for presentation of cheque/demand draft within 3 months as per policy decision of RBI.
Supreme Court states that they cannot issue any direction regarding policy decisions issued by RBI, hence the application dismissed as not maintainable.
FULL TEXT OF THE SUPREME COURT JUDGEMENT
The Court is convened through video conferencing.
Delay condoned.
We have heard Harsh Nitin Gokhale-party in-person.
In this writ petition filed under Article 32 of the Constitution of India, the petitioner-in-person seeks relief to exclude the time period of lockdown for calculating the limitation for presentation of cheque/demand draft as directed by the Reserve Bank of India vide Notification dated 04.11.2011.
In our considered view, this is the policy decisions to be taken up by the Reserve Bank of India regarding which the Court cannot issue any direction.
The writ petition filed under Article 32 of the Constitution of India is dismissed as not maintainable.
Pending applications, if any, shall also stand disposed of.