Indraprastha Cold Storage vs UCO Bank

Judicial Analysis Court Copy Headnote Facts Arguments Court observation

2023 Supreme(Gau) 695

MANISH CHOUDHURY
Indraprastha Cold Storage – Appellant
Versus
UCO Bank – Respondent

Advocates Appeared:
For the Petitioner:Mr. M.K. Choudhury, Senior Advocate, Mr. M. Dutta.
For the Respondents:Mr. K.N. Choudhury, Senior Advocate, Mr. M. Sarma, Ms. A. Gayan, Standing Counsel, Enforcement Directorate [ED].

Table of Content
1. background of the case involving subsidy and loans. (Para 1 , 2)
2. unauthorized deductions and orders from banking ombudsman. (Para 3 , 4)
3. petitioners' claims for adjustments and financial assistance blocked. (Para 5 , 6 , 7)
4. arguments presented by petitioners regarding fund mismanagement. (Para 8 , 9 , 10)
5. responses from uco bank regarding linkages to fraudulent activities. (Para 11 , 12)
6. investigations by cbi and enforcement directorate into the bank fraud. (Para 13 , 14 , 15 , 16)
7. court's observations on evidence and lack of petitioners' involvement. (Para 17 , 18 , 19)
8. operational guidelines for subsidy payments and obligations. (Para 20 , 21)
9. court's findings on unauthorized retention of funds. (Para 22 , 23 , 24)
10. legal position on public duties and obligations under article 226. (Para 25 , 26 , 27 , 28 , 29 , 30 , 31)
11. direction for credit transfer and adjustment of subsidy. (Para 32)
12. conclusion of the judgment allowing the writ petition. (Para 33)

JUDGMENT :

Two proprietorship concerns – [i] M/s Indraprastha Cold Storage; & [ii] M/s

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2023 Supreme(Gau) 695

MANISH CHOUDHURYIndraprastha Cold Storage – AppellantVersusUCO Bank – Respondent

Cases Referred (7)

MANISH CHOUDHURY
Indraprastha Cold Storage – Appellant
Versus
UCO Bank – Respondent