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Rajasthan High Court Issues Notice On PIL Requiring State To Deposit Central Govt Grants In Nationalized Banks Only
ANIRUDH VIJAY
22 July 2022 9:52 AM IST
The Rajasthan High Court has recently issued notice on a public interest litigation seeking directions to the state government to keep the grants and aid received from the Central Government in any of the nationalised Banks, instead of AU Small Finance Bank.The plea filed by Advocate Sushil Kumar Singh states that it is matter of surprise as to why the State is not having faith in...
The Rajasthan High Court has recently issued notice on a public interest litigation seeking directions to the state government to keep the grants and aid received from the Central Government in any of the nationalised Banks, instead of AU Small Finance Bank.
The plea filed by Advocate Sushil Kumar Singh states that it is matter of surprise as to why the State is not having faith in the nationalised Banks and depositing huge amount in the Private Bank. It added that if these Banks face losses, then the Central Government grant will also be in a "high risk zone".
Notices were issued by the division bench comprising Chief Justice S.S. Shinde and Justice Anoop Kumar Dhand.
The plea alleged that the Grant of Central Government amounting to Rupees 2,003 Crores has been deposited in the Bank of AU Bank instead of any nationalised Bank including the State Bank of India.
As per the plea, it has come to the knowledge of the petitioner that one private Bank in the State of Rajasthan namely AU Bank having the capital value of Rupees 7,000 Crores is managing the respondent and got the order of getting the aid of the Central Government and various schemes of the Central Government through which the amount is transferred to the Single Nodal Account and the same is not being deposited in the State Bank of India which is the biggest Bank of the Country.
It was further alleged that by depositing the said amount of Rs. 2,003 Crores in AU Bank, the respondent flouted the regular practice of keeping funds in the State Bank of India
The petitioner Mr. Sunil Kumar Singh appeared in-person before the court.
Case Title: Sunil Kumar Singh Advocate v. State of Rajasthan
Case No.: D.B. CW/ 223/ 2022
