Klm Axiva Finvest Limited vs Union Of India on 22 August, 2025

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[WP(C) Nos.27900/2020, 5387/2021, 7644/2021, 8205/2021, 8189/2021, 11254/2021,
13787/2021, 14405/2021, 14457/2021, 14681/2021, 14854/2021, 15273/2021,
15439/2021, 15485/2021, 15619/2021, 15646/2021, 18628/2021, 23275/2021,
27633/2021, 28605/2020, 28999/2020, 28998/2020, 35704/2022, 31743/2024]

The present batch of writ petitions — being W.P.(C) 27900

of 2020, 28605 of 2020, 28998 of 2020, 28999 of 2020, 5387 of 2021,

7644 of 2021, 8189 of 2021, 8205 of 2021, 11254 of 2021, 13787 of

2021, 14405 of 2021, 14457 of 2021, 14681 of 2021, 14854 of 2021,

15273 of 2021, 15439 of 2021, 15485 of 2021, 15619 of 2021, 15646 of

2021, 18628 of 2021, 23275 of 2021, 27633 of 2021, 35704 of 2022 and

31743 of 2024 — challenge the series of circulars issued by the

Reserve Bank of India (“RBI”) restricting the opening and operation

of current accounts for borrowers availing credit facilities from the

banking system.



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