1. The seven Writ Petitions before us raise a challenge to
the Notification dated 25/01/2022, issued by the Ministry of
Finance, thereby granting its approval to the scheme
formulated by the Reserve Bank of India (for short, ‘RBI’)
under Section 45 of the Banking Regulation Act, 1949 (for
short, ‘BR Act’) in form of “Punjab and Maharashtra Co-
Operative Bank Ltd. (Amalgamation with Unity Small Finance
Bank Limited) Scheme, 2022”, which came into force w.e.f.
25/01/2022. In the separate Petitions filed by the
individuals/society, diverse objections are raised against the
scheme of amalgamation, but the commonality of the group of
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Petitions listed before us is the relief sought i.e. issuance of
writ of mandamus or any other appropriate writ for quashing
and setting aside the scheme of amalgamation as non-
constitutional, being ultra vires inter alia Article 14, 19(1)(g)
and 300A of the Constitution of India and also being violative
of provisions of the Banking Regulation Act, 1949.
