Madras High Court
WP(MD)/26942/2026 of Mahalakshmi Vs The Reserve Bank of India on 27 October 2026
WP(MD) No. 26942 of 2026
BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT
DATED: 27-10-2026
CORAM
THE HON'BLE MRS JUSTICE L.VICTORIA GOWRI
WP(MD) No. 26942 of 2026
CNR:{HCMD011318752026}
and
WMP(MD) No. 20400 of 2026
Mahalakshmi
..Petitioner(s)
Vs
1. The Reserve Bank of India
Represented through its Nodal Officer,
Fort Glacis,
16, Rajaji Road,
Fort St. George,
Chennai - 600 001.
2. The Manager
Dhanalakshmi Seenivasan Nidhi Ltd,
Thiruverumbur,
Trichy - 620 013.
3. Viswanath
4. Govindasamy
..Respondent(s)
PRAYER: Writ Petition filed under Article 226 of the Constitution of India, praying this Court to issue a Writ of Mandamus, directing the 2nd respondent to consider the petitioner's representation dated 11.02.2025
and permit the petitioner to redeem the twelve pledged jewellery loans standing in the name of her husband Viswanath, upon payment of the entire outstanding loan amount together with applicable interest and other lawful charges, and upon execution of such indemnity bond or other
WP(MD) No. 26942 of 2026
documents as may be required by the 2nd respondent Bank, and consequently release / deliver the pledged jewellery to the petitioner, within a time frame to be stipulated by this Court .
For Petitioner(s):
Mr.K.Navaneetharaja
For Respondent(s):
K.R.Laxman For R1
B.JameelarasuFor R4
Citations and Judicial Treatment
Cited by
0
Decisions in the index citing it
Cites
1
Decisions referred to
In this index
0
Of the decisions it cites
Overruled / Questioned
0
No negative treatment found
Loading the citing and cited decisions…
This judgment in the centre: on the left the decisions it cites, on the right the decisions citing it. Colour is the treatment; choose a decision to open it.
ORDER
Seeking to direct the 2nd respondent to consider the petitioner's representation dated 11.02.2025 and permit the petitioner to redeem the twelve pledged jewellery loans standing in the name of her husband Viswanath, upon payment of the entire outstanding loan amount together with applicable interest and other lawful charges, and upon execution of such indemnity bond or other documents as may be required by the 2nd respondent Bank, and consequently release / deliver the pledged jewellery to the petitioner, this writ petition is filed.
2. The petitioner has sought for a direction to the 2nd respondent Bank, which is a private Bank. The Hon'ble Supreme Court of India in the case of Federal Bank Limited Vs. Sagar Thomas & others reported in 2003 (10) SCC 733 has already made it clear that statutory provisions will not be issued as against any private body and also made it clear that
WP(MD) No. 26942 of 2026 the private Banks are private bodies, against which a writ petition is not maintainable.
3. In view of the same, this Writ Petition stands dismissed, since the remedy is sought for against the private Bank. However, liberty is given to the petitioner to work out the remedy in the manner known to law by filing an appropriate civil suit. No costs. Consequently, connected Miscellaneous Petition is closed. 27-10-2026 Index: Yes/No Speaking/Non-speaking order Neutral Citation: Yes/No gbg To
1. The Nodal Officer, Reserve Bank of India, Fort Glacis, 16, Rajaji Road, Fort St. George, Chennai - 600 001.
WP(MD) No. 26942 of 2026 L.VICTORIA GOWRI, J. gbg WP(MD) No. 26942 of 2026 27-10-2026