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The Supreme Court Tuesday refused to recall its order by which it had imposed a fine of Rs 50,000 on a lawyer for filing a PIL against Finance Minister Arun Jaitley, raising allegations relating to capital reserve of the Reserve Bank of India (RBI).
Updated : Dec 11, 2018, 11:45 AM IST
The Supreme Court Tuesday refused to recall its order by which it had imposed a fine of Rs 50,000 on a lawyer for filing a PIL against Finance Minister Arun Jaitley, raising allegations relating to capital reserve of the Reserve Bank of India (RBI).
A bench headed by Chief Justice Ranjan Gogoi, which had also dismissed the petition, said it would hear petitioner lawyer M L Sharma only after he deposits Rs 50,000 as cost with the apex court registry.
"We are not going to recall our any order. You deposit Rs 50,000 then only we will hear your any old or new petition," the bench which also comprised Justices S K Kaul and K M Joseph said.
The lawyer, who had filed the PIL in his personal capacity, Tuesday sought urgent hearing of his plea alleging that the RBI was in mess as its Governor Urjit Patel has also resigned.
The apex court, however, did not entertain his plea.
Reserve Bank of India (RBI) governor Urjit Patel resigned on Monday, citing personal reasons, four days ahead of the next board meeting slated for December 14. He has exited the central bank with immediate effect.
"On account of personal reasons, I have decided to step down from my current position effective immediately," Patel said in a brief statement put up on the central bank's website.
He added that it has been his privilege and honour to serve in the RBI in various capacities over the years. "The support and hard work of RBI staff, officers and management has been the proximate driver of the bank's considerable accomplishments in recent years. I take this opportunity to express gratitude to my colleagues and directors of the RBI central board, and wish them all the best for the future."