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Representation before RBI ombudsman
July 15 , 2024
2 hrs 0 min
22
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- The Madras High Court has upheld the Constitutional validity of the Reserve Bank of India - Integrated Ombudsman Scheme (RBI-IOS) 2021.
- It prohibits complainants from engaging advocates to represent their cases in proceedings before the ombudsman.
- The Court refused to declare provisions 3(1)(c) and 10(2(f) of the RBI-IOS 2021 unconstitutional.
- It held that advocates enjoy only a statutory right and not a fundamental right to appear before judicial and quasi-judicial fora.
- The scheme permits the complainants to approach the ombudsman either directly or through authorised representatives.
- But makes it clear that the representatives should not be an advocate.
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