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2008 Supreme(Cal) 129

TAPAN KUMAR DUTT
Gour Nitye Tea and Industries Ltd. – Appellant
Versus
Central Bank of India – Respondent


Advocates appeared:
Hirak, Mitra, Sr. Counsel S. Dawn, Debasis Mukherjee, for Petitioners; Ritabrata Mitra, A. K. Dhar, Indranath Mukherjee, Sanjay Pal, for Respondents.

ORDER :- This Court has heard the Learned Advocates for the respective parties. Having heard the said Learned Advocates, it appears that the facts of the case, very briefly, are as follows :-

2. The petitioners' case is that the petitioners are in the business of processing tea leaves and they own a Tea Garden in Assam and that the petitioners have been compelled to file the writ petition because the respondent-Central Bank of India-authorities, have refused to release the security that was pledged for securing the loan and/or advance made to the petitioner No. 1 by the said respondent-Central Bank of India-authorities through its branch office at Jalpaiguri. The petitioners have stated in their writ petition that the petitioner No. 2 being one of the Directors of the petitioner No. 1 has common interest in two other companies namely, SRK Tea Processing Industries Ltd. (hereinafter referred to as SRK) and Gurjangjhora Tea and Industries Ltd. (hereinafter referred to as GTI) and that the petitioner No. 1 and SRK and GTI are run and managed by the petitioner No. 2 and the said three companies are known in the market as Kalyani Group. It has been alleged in the writ petition that the s


















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