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Triveni Engineering & Industries ... vs Union Bank Of India & Ors. on 8 September, 2014

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delivered on: 08.09.2014

+ W.P. (C) 3824/2014 & CM 7715/2014

TRIVENI ENGINEERING & INDUSTRIES LTD .... Petitioner Versus

UNION BANK OF INDIA & ORS. ..... Respondents

Advocates who appeared in this case:

For the Petitioner : Mr Sanjeev Anand, Mr Abhas Kumar, Mr Subham Tripathi and Mr Arush Khanna.

For the Respondents : Mr Janendra Lal and Ms Yamini Tarapure.

CORAM:-

HON'BLE MR JUSTICE VIBHU BAKHRU

JUDGMENT

VIBHU BAKHRU, J

1. The above captioned writ petition has been filed by the petitioner company under Article 226 of the Constitution of India challenging the action of Union Bank of India i.e. the respondent bank in forwarding the names of the petitioner and its Directors to the Credit Information Bureau of India Limited (CIBIL), respondent no.3, for posting on its websites as defaulters and inter alia praying for direction against the respondents to withdraw/remove the name of the petitioner company and all its Directors from the 'List of Defaulters' from CIBIL's website.

2. The controversy that is required to be addressed in the present proceeding is whether in the given circumstances of the case, the

W.P.(C) 3824/ 2014 Page 1 of 17 respondent bank was correct in placing the name of the petitioner company and its directors as defaulters with CIBIL.

3. In order to address this controve


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