SUPREME COURT TRANSFERS ALL WRIT PETITIONS CHALLENGING BANKING REGULATION (AMENDMENT) ACT 2020 TO MADRAS HIGH COURT
The Supreme Court transferred all writ petitions which have been filed before various High Courts challenging the validity of the Banking Regulation (Amendment) Act 2020 to the Madras High Court.
“Since the petitions which are transferred have been instituted before diverse High Courts in the country, it would be appropriate if the Division Bench hearing the petitions permits such of the parties, who desire to appear through a virtual platform, to participate in the course of the hearing on that basis”, the bench of Justices DY Chandrachud and Hima Kohli observed in the order allowing Transfer Petitions filed by the Reserve Bank of India….
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