JUDGMENT :

ARAVIND KUMAR, J.

1. In these intra-court appeals the order dated 10.02.2022 passed in Special Civil Application No. 2518 of 2022 is under challenge whereunder the learned Single Judge has dismissed the Special Civil Application and affirmed the impugned orders dated 01.09.2021 (Annexure-N) passed by second respondent, order dated 02.02.2021 (Annexure-L), notices/communications dated 18.09.2021/28.08.2020 (Annexure-O) issued by second respondent.

BRIEF BACKGROUND OF THE CASE:

2. Parties are referred to as per their rank before the learned Single Judge. Petitioners are the Ex-Directors of Sanghavi Exports International Private Limited (at present under liquidation) which was then engaged in the business of manufacturing and export of cut and polished diamond and diamond studded jewellary. Said company had availed certain financial facilities from the group of consortium members wherein the Bank of India was the lead bank and second respondent was one of the consortium member. Said company defaulted in repayment of loans and came to be classified as a Nonperforming Asset (NPA) by the second respondent. Second respondent has initiated recovery proceedings before the Debt Recove