Monanish Jabalpure has filed a petition in the Bombay High Court Against the Maharashtra Government's issuance of a circular on May 11th, 2017. The circular issued directed the transfer of beneficiaries of the Sanjay Gandhi Niradhar Yojana, police staff, and various other welfare schemes to Axis Bank. Maharashtra, Cheif Minister Devendra Fadnavis' wife, Amruta Fadnavis, happens to hold a senior post in the same bank.
The petition filed seeks to revocation of the the above said circular and demands a retransfer of the bank accounts from the Axis bank to the national bank, as it was before the issuance of the circular. A high level probe was also sought by the petitioner into the transactions entered into by the Maharashtra government with the Axis Bank post May 11, 2017.
Jabalpure alleged that Maharashtra Cheif Minister Devendra Fadnavis had misused his powers to promote Axis Bank that inturn caused losses to the nationalised banks.
The case is likely to be heard by the Nagpur Bench of the Bombay High Court by August end.