JUDGMENT

Talwant Singh, J. The Petitioner Bank has filed this writ petition for issuing appropriate writ/direction/order for setting aside order dated 21st April, 2015 passed by Debt Recovery Appellate Tribunal (DRAT), New Delhi in appeal No.154/2015 and order dated 16th February, 2015 passed in MA No.72/2014 by DRT-I and to allow the Petitioner Bank to recover the Original Application (OA) amount of Rs.62,78,446/- along with contractual rate of interest.

2. In brief, the case of the Petitioner is that it is a public sector bank and that Respondent No.1 is the borrowing Company which had availed various credit facilities from the Petitioner Bank since 1986. Respondent Nos.2 to 4 are stated to be Directors of Respondent No.1 Company who stood guarantors along with late Shri M.S. Goel who had since expired and Respondent Nos.2 and 3 are stated to be his surviving legal heirs. The loan facilities granted to Respondent No.1 were renewed and enhanced from time to time.

3. However, Respondent No.1 Company stopped its operations from January, 1998 due to the orders passed by Delhi Pollution Control Committee.After complying with the requirements, it restarted its operation and request