In Brief
The RBI sought to recall or modify an earlier Supreme Court judgment that had ordered disclosure of banking information under the Right to Information Act. Banks, arguing they were not heard in the original case, filed recall applications citing breach of natural justice. The Supreme Court dismissed all applications, holding that recall applications are not a recognized remedy and constitute disguised review petitions. The substance—not the label—of an application determines maintainability. Since banks had knowledge of the hearing and could have sought impleadment but did not, they cannot later claim lack of notice. The Court upheld the finality of its prior judgment and the RBI's duty to disclose information in the public interest.
The lawyer headnote and full judgment text are available to registered users.