Federation Of Indian Valuers … vs The Reserve Bank Of India on 7 May, 2025

Supreme Court – Daily Orders

Federation Of Indian Valuers … vs The Reserve Bank Of India on 7 May, 2025

Author: Dipankar Datta

Bench: Dipankar Datta

                                        IN THE SUPREME COURT OF INDIA
                                          CIVIL ORIGINAL JURISDICTION

                                  TRANSFER PETITION (CIVIL) No. 1354/2025


                         FEDERATION OF INDIAN VALUERS
                         ASSOCIATIONS                                        PETITIONER

                                                     VERSUS

                         THE RESERVE BANK OF INDIA & ORS.                    RESPONDENTS


                                                     ORDER

1. This transfer petition, under Section 25 of the Code of Civil

Procedure, 1908, has been presented by the petitioner-

Federation of Indian Valuers Associations.

2. The petitioner seeks transfer of WP No.13750 of 2025 titled

“Federation of Indian Valuer’s Associations v. The Reserve Bank

of India & Ors.” from the High Court of Madras to the Supreme

Court of India on the ground that the subject matter of challenge

before the High Court is identical to the subject matter of

challenge before this Court in Special Leave Petition (C) No.799

of 2021 titled “Vijay Raghunath Swar vs. State Bank of India”.

3. Having regard to the fact that the issue involved in this

petition is an all-India issue covering valuers and banks

throughout the country and with a view to avoid conflicting

judgments from different High Courts, interest of justice

demands grant of the prayer for transfer to ensure uniformity
Signature Not Verified

Digitally signed by
and certainty without even issuing notice to the respondent(s).
rashmi dhyani pant
Date: 2025.05.08
18:29:18 IST

4. Hence, the transfer petition is allowed. WP No.13750 of
Reason:

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2025 titled “Federation of Indian Valuer’s Associations v. The

Reserve Bank of India & Ors.” pending before the High Court of

Madras is transferred to this Court. Records of W.P. No.13750 of

2025 be transferred to this court immediately.

5. Pending application(s) stand disposed of.

6. The transferred case may be listed along with SLP(C)

No.799/2021.

7. Respondent(s) may apply for recall of this order, if

prejudiced thereby.

………………………..J.
(DIPANKAR DATTA)

………………………..J.
(MANMOHAN)

New Delhi;

May 07, 2025.

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ITEM NO.46                   COURT NO.14                        SECTION XII

                 S U P R E M E C O U R T O F             I N D I A
                         RECORD OF PROCEEDINGS

             Transfer Petition(s)(Civil)        No(s).    1354/2025

FEDERATION OF INDIAN VALUERS ASSOCIATIONS                       Petitioner

                                      VERSUS

THE RESERVE BANK OF INDIA & ORS.                                Respondents

Date : 07-05-2025 This petition was called on for hearing today.

CORAM :

HON’BLE MR. JUSTICE DIPANKAR DATTA
HON’BLE MR. JUSTICE MANMOHAN

For Petitioner(s) :Mr. Ankit Chaturvedi, AOR
Mr. Shubham Aggarwal, Adv.

Mr. Surajvir Singh Chauhan, Adv.

For Respondent(s) :

UPON hearing the counsel the Court made the following
O R D E R

1. The transfer petition is allowed in terms of the signed order.

2. Pending application(s), if any, shall stand disposed of.

3. The transferred case may be listed along with SLP(C) No.799/2021.

(RASHMI DHYANI PANT) (SUDHIR KUMAR SHARMA)
ASTT. REGISTRAR-cum-PS COURT MASTER (NSH)
(signed order is placed on the file)

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