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