Supreme Court of India

Federal Bank Ltd. v. Sagar Thomas and Others

Neutral citation
Bench Brijesh Kumar and Arun Kumar JJ.
Decided 26 September 2003

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

13 Supreme Court benches have cited this judgment.

What the Court ordered

In the result, the appeal is allowed and the judgment and order passed F by the High Court is set aside and the writ petition is held to be not maintainable.

Judgment, page 33

From the headnote

Constitution of India-Articles 12, 226-Whether writ petition maintainable against Federal Bank by dismissed employee-Held, no; private company canying on banking business as scheduled bank is not an institution discharging statutory or public duty-Hence not a state or its agency or instrumentality. Constitution of India-Articles 12 and 226-Banking Regulation Act 1951, ss.5 (c)(a), 22, 35, 35A, 36, 36AA, 36AB, 36 AE, 45-Reserve Bank of lndia Act, 1934, ss.2(e), 42(6), 46 -Maintainability of writ petiton by employee of Federal Bank challenging dismissal-Whether amenability to regulation by…

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