Kerala High Court M/S. M.D. Esthappan vs Reserve Bank Of India on 24 June, 2025 2025:KER:45278 WA Nos.481 and 484 OF 2025 1 PRESENT THE HONOURABLE MR. JUSTICE ANIL K. NARENDRAN & THE HONOURABLE MR. JUSTICE MURALEE KRISHNA S. TUESDAY, THE 24TH DAY OF JUNE 2025 / 3RD ASHADHA, 1947 WA NO. 481 OF 2025 AGAINST THE JUDGMENT DATED 11.03.2025 IN WP(C) NO.45166 OF 2024 OF HIGH COURT OF KERALA APPELLANTS/PETITIONERS: 1 M/S. M.D. ESTHAPPAN, REPRESENTED BY ITS SOLE PROPRIETOR, MR. M.D. ESTHAPPAN, THROUGH POWER ATTORNEY HOLDER MR. BIJI STEPHEN, HAVING ITS REGISTERED OFFICE ADDRESS AT: PLOT NO. 434, BARI COOPERATIVE COLONY, BOKARO STEEL CITY, BOKARO, ALSO AT 144, RAILWAY STATION NAGAR, NEAR ST. JOSEPHS HIGH SCHOOL, ANGAMALY, ERNAKULAM, PIN 683572 2 MR. M.D. ESTHAPPAN, AGED 88 YEARS THROUGH POWER ATTORNEY HOLDER MR. BIJI STEPHEN, S/O. DEVASSY, 14/306, MOOLAN HOUSE, NH 47, NEAR ST. JOSEPH HIGH SCHOOL, ANGAMALY, ERNAKULAM, PIN 683572 BY ADVS. SMT. MARIA NEDUMPARA SHRI.SHAMEEM FAYIZ V.P. RESPONDENTS/RESPONDENTS: 1 RESERVE BANK OF INDIA, REPRESENTED BY ITS GOVERNOR, SHAHID BAGAT SINGH ROAD, FORT MUMBAI, PIN 400001 2 BOARD OF DIRECTORS OF DHANLAXMI BANK LTD., REPRESENTED BY ITS CEO & MANAGING DIRECTOR, 2025:KER:45278 WA Nos.481 and 484 OF 2025 2 DHANALAKSHMI BUILDINGS, P.B. NO. 9, NAICKANAL, THRISSUR, KERALA, PIN 680001 3 DHANLAXMI BANK LTD., REPRESENTED BY ITS CEO & MANAGING DIRECTOR, DHANALAKSHMI BUILDINGS, P.B. NO. 9, NAICKANAL, THRISSUR, KERALA, PIN 680001 4 AUTHORISED OFFICER & CHIEF MANAGER, DHANLAXMI BANK LTD., REGIONAL OFFICE, DHANALAKSHMI BUILDINGS, 1ST FLOOR, MARINE DRIVE, KOCHI, KERALA, PIN 682031 5 THE CHAIRMAN, EMPOWERED COMMITTEE ON MSMES, REPRESENTED BY THE REGIONAL DIRECTORS OF THE RESERVE BANK OF INDIA, RBI REGIONAL OFFICE, BAKERY JUNCTION, P.B. NO. 6507, THIRUVANANTHAPURAM, PIN 695033 6 CHAIRMAN, STATE LEVEL INTER INSTITUTIONAL COMMITTEE, RBI REGIONAL OFFICE, BAKERY JUNCTION, P.B. NO. 6507, THIRUVANANTHAPURAM, PIN 695033 7 CHAIRMAN, PRIME MINISTER'S TASK FORCE ON MSMES, PRIME MINISTER'S OFFICE, SOUTH BLOCK, NEW DELHI, PIN 110001 8 CHAIRMAN, WORKING GROUP ON REHABILITATION OF SICK MSMES, RESERVE BANK OF INDIA, MUMBAI, PIN 400001 9 BANKING CODES AND STANDARDS BOARD OF INDIA (BCSBI), WORLD TRADE CENTRE COMPLEX, 6TH FLOOR, CENTRE 1 BUILDING, WORLD TRADE CENTRE COMPLEX, CUFF PARADE, MUMBAI, PIN 400005 10 UNION OF INDIA, REPRESENTED BY SECRETARY, MINISTRY OF MICRO SMALL & MEDIUM ENTERPRISES, UDYOG BHAWAN, RAFI MARG, NEW DELHI, PIN 110001 11 SECRETARY, DEPT. OF BANKING, MINISTRY OF FINANCIAL SERVICES, GOVERNMENT OF INDIA, 3RD FLOOR, JEEVAN DEEP BUILDING, SANSAD MARG, NEW DELHI, PIN 110001 12 STATE OF KERALA, REPRESENTED BY ITS CHIEF SECRETARY, GOVERNMENT 2025:KER:45278 WA Nos.481 and 484 OF 2025 3 SECRETARIAT, THIRUVANANTHAPURAM, PIN 695001 13 GENERAL MANAGER, DISTRICT INDUSTRIES CENTRE, ERNAKULAM, PIN 682030 14 GAIL (INDIA) LTD., REPRESENTED BY ITS GENERAL MANAGER, KINFRA HI TECH PARK, OFF HMT ROAD, HMT COLONY P.O., KALAMASSERY, ERNAKULAM, PIN 683503 15 BHARAT PETROLEUM CORPORATION LTD., REPRESENTED BY ITS MANAGING DIRECTOR, KOCHI REFINERY, AMBALAMUGAL, ERNAKULAM, PIN 682302 16 COCHIN SMART MISSION LTD., REPRESENTED BY ITS MANAGING DIRECTOR, 10TH FLOOR, REVENUE TOWER, PARK AVENUE, ERNAKULAM, PIN 682011 17 ADV. ROSHITHA A.U., ADVOCATE COMMISSIONER APPOINTED IN M.C. 203/2024 IN THE FILES OF CJM, ERNAKULAM, DISTRICT BAR ASSOCIATION ERNAKULAM, PIN 682011 18 STATION HOUSE OFFICER, ANKAMALY POLICE STATION, NEAR KSRTC STAND, ANKAMALY P.O., KOCHI, PIN 683572 19 ANI