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Bombay High Court

MONOPOLY INNOVATIONS PVT. LTD. CIN U15132MH0214PTC253906versusRESERVE BANK OD INDIA

Decided
Disposal
DISPOSED OFF

Holding

The court allowed the withdrawal of the writ petition and disposed of it.

Summary

Monopoly Innovations Pvt. Ltd. filed a writ petition before the Bombay High Court challenging actions of the Reserve Bank of India and other respondents. After filing, the petitioner obtained an efficacious alternative remedy and sought to withdraw the petition. The petitioner’s counsel submitted a withdrawal request, which was not opposed by the respondents’ counsel. The court considered whether it could permit the withdrawal of a pending writ petition. Finding no opposition and noting the availability of an alternative remedy, the court allowed the withdrawal. Accordingly, the writ petition was disposed of on the petitioner’s request.

Issues considered

  • Whether a writ petition pending before the High Court can be withdrawn after filing when an alternative remedy becomes available
  • Whether the court may dispose of the petition on withdrawal without a substantive hearing

Subjects

  • writ petition
  • withdrawal
  • alternative remedy
  • civil procedure
  • high court

Judgment

                                                                          25 WP 3907-24-OS.DOC




                                                                                     Priya Soparkar

                                  IN THE HIGH COURT OF JUDICATURE AT BOMBAY
                                      ORDINARY ORIGINAL CIVIL JURISDICTION


                                         WRIT PETITION NO. 3907 OF 2024
                          Monopoly Innovations Pvt. Ltd.                         …Petitioner
                                Versus
                          Reserve Bank of India and ors.                      …Respondents


                          Mr. Anirban Sen with Ms. Viloma Shah and Mr. S. Ghosh i/by AVP
                                 Partners, for the Petitioner.
                          Ms. Huzan Bhumgara with Ms. Shubhi Dotiya i/by Desai &
                                 Diwanji, for the Respondent No.1.
                          Mr. Vishwanath Mannadiar i/by Mannadiar & Co., for the
                                 Respondent No.2.
                          Mr. R. L. Motwani, for the Respondent No.3.
                          Mr. Ajay Deshmane i/by V. Deshpande & Co., for the Respondent
                                 No.5.
                          Mr. Navin Arora, for the Respondent No.6.


                                               CORAM:        SUMAN SHYAM &
                                                             GAUTAM A. ANKHAD, JJ.
                                               DATED:        18th SEPTEMBER, 2026.
                          PC:-

                          1.     Mr. Anirban Sen, learned counsel appearing for the

                          Petitioner submits that after filing of this Writ Petition, an

                          efficacious alternative remedy has become available to the

                          Petitioner. Therefore, the Petitioner wants to withdraw this Writ
           Digitally
           signed by
PRIYA      PRIYA RAJESH
           SOPARKAR
RAJESH     Date:
SOPARKAR   2026.09.19
           11:27:44
           +0530          Petition to pursue alternative remedy.




                                                        Page 1 of 2
                                                 25 WP 3907-24-OS.DOC




2.    The prayer is not opposed by the learned counsel appearing

for the Respondents.


3.    In view of the above, this Writ Petition stands disposed of, on

withdrawal, with liberty as prayed for.



(GAUTAM A. ANKHAD, J.)                        (SUMAN SHYAM, J.)
                                                                    {




                              Page 2 of 2


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