Environment & Ecology·Environmental Cases

Reserve Bank of India — Environmental Cases

Updated 19 Oct 2026

Environmental Cases

Internet and Mobile Association of India v. Reserve Bank of India, Writ Petition (Civil) Nos. 528 and 373 of 2018 (4 March 2020)

2020

RBI defended a circular that cut virtual-currency businesses off from services supplied by its regulated entities. The Court accepted that RBI’s statutory role included preventive…

Dharani Sugars and Chemicals Ltd. v. Union of India, Transferred Case (Civil) No. 66 of 2018 and connected matters (2 April 2019)

2019

The decision separated RBI’s general banking-supervision powers from its specific power to direct initiation of insolvency proceedings. Under section 35AA, the latter required…

Reserve Bank of India v. Jayantilal N. Mistry, Transferred Case (Civil) No. 91 of 2015 and connected matters (16 December 2015)

2015

The Court treated RBI as a statutory supervisor whose duties run to the public, depositors and the banking system. It rejected the fiduciary label attached to information obtained…