1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION PIL WRIT PETITION NO. 12 OF 2009 Rajendra Thacker. .. Petitioner Vs Reserve Bank of India & Ors. .. Respondents -- Sumedha Rao for the Petitioner. Shri Atul Rajadhyaksha along with Shilpan Gaonkar i/by Udwadia & Udeshi for Respondent No.1. Shri Harihar Bhave along with Manisha Pant i/by Bhave & Co. for Respondent No.2. Shri Prashant Ghelani i/by Gandhi & Co. for Respondent No.3. Shri Virag Tulzapurkar along with Saumya Srikrishna i/by W.Ghandy & Co. for Respondent No.4. -- CORAM : SWATANTER KUMAR, C.J. & S.C. DHARMADHIKARI, J DATED : 11TH JUNE, 2009. P.C. Prayer in this petition under Article 226 of the Constitution of India is for issuance of direction to Respondent No.2 and all Banks in India to publish a list of properties on which they have a charge/mortgage/lien or any other kind of interest, in minimum two newspapers with highest circulation, one in English and another in local language. This petition was contested by the respondents. However, during the pendency of this writ petition, learned counsel appearing for Respondent No.1 submits that without prejudice to their rights and contentions and without admitting that they have any statutory duty to perform such an act, the Reserve Bank of India would be 2 willing to take up the matter with the Indian Banks’ Association and even request other Banks including non-member of the Banks’ Association, like H.D.F.C. etc. to attend and consider the proposal objectively, if not for advertising, at least for incorporation of a condition to ensure that the Bank granting finance in housing, insists on projects, disclosure of such charge or any other liability on the plot in question or development project being duly made in the Brochure or pamphlet etc. which may be published by developer/owner inviting public at large to purchase flats and properties. This obviously would be part of the terms and conditions on which loan may be sanctioned by the Bank. Counsel appearing for Respondent No.4 submits that they will print the name of the developer/owner/company on the Brochure. 2. In view of the statement made, nothing survives in this Petition. The Petition accordingly is disposed of, with no order as to costs. CHIEF JUSTICE S.C. DHARMADHIKARI, J