P.K. Bhasin, Chairperson—These appeals have been knit together for being heard and decided as a composite case with the consensus amongst the Counsel for all the parties on questions common to both the cases under scrutiny before this Tribunal. So, by this common order I shall be disposing of both these appeals between the same parties which have arisen under common facts and circumstances though are against separate judgments of the Debts Recovery Tribunal passed on 12.2.2014 in two separate Original Applications filed by the Global Trust Bank Ltd. (hereinafter to be referred as ‘the GTB’) under Section 19 of Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (hereinafter referred to as the ‘RDDBFI Act’) against the same set of defendants who are now respondents 2 and 3 in both these appeals. Since the points involved and urged in both the appeals by the Counsel for the parties were common and the appeals were heard also analogously the same can be conveniently disposed of by a common order.

2. Uttar Pradesh State Industrial Development Corporation Ltd.