Authority: Supreme Court of India, Bench of Hon. Justice Pamidighantam Sri Narasimha and Hon. Justice Alok Aradhe
Order Date: 07-07-2026
Case Overview
- Parties: Appellant Ajay Vijh vs. Indian Banks Association & Others.
- Origin: Special Leave Petition (Civil) Diary No. 10787/2024 arising from the impugned final judgment and order dated 20-11-2023 in WC No. 12074/2023 passed by the Allahabad High Court.
- Counsel: Appellant represented by Mr. Pankaj Agarwal, Mr. Sunil Murarka, Ms. Neha Agrawal, Mr. Siddhant Sahay, Mr. E. C. Agrawala (AOR). Respondents represented by a team including Mr. Rajesh Kumar Gautam (AOR) and others; Amicus Curiae: Mr. Maninder Singh assisted by Mr. Rajat Nair and Mr. Prabhas Bajaj.
- Issues: Legality of inclusion of the appellant’s name in the Caution List maintained by the Indian Banks Association; jurisdictional authority of the respondents to place names on the list.
Observations & Reasoning
- The Bench found that the inclusion of the appellant’s name in the Caution List was impermissible and beyond the jurisdiction of the respondents.
- Delay in filing the application(s) was condoned, and leave was granted to the appellant.
- The Court directed that the respondents must remove the appellant’s name from the Caution List with immediate effect.
- The appeal is to be listed on 31.08.2026 for consideration of issues relating to institutionalising Continuing Legal Education (CLE) and the proposal for establishing a National Legal Academy (NLA). The Bar Council of India (BCI) may file an affidavit indicating developments a week before the listing.
- All pending applications, if any, are disposed of.
Final Outcome
- The appeal is allowed; the High Court judgment and order dated 20‑11‑2023 are set aside.
- The appellant’s name is to be removed from the Caution List immediately.
- Further hearing scheduled for 31‑08‑2026 on CLE and NLA matters.
Topics: Legal Regulation, Banking Association