V.K.BALI, B.RAI
Bawa Gram Udyog Samiti – Appellant
Versus
Khadi And Village Industries Commission – Respondent
V.K.BALI, J.
1. We propose to decide these five connected Civil Writ Petitions bearing No. 7245 of 1994, 3728 of 1994, 4377 of 1994, 5077 of 1994 and 173 of 1998 by one order as common questions of facts and law are involved in all these petitions. Learned Counsel for the parties have also prayed that these petitions be disposed of by one order. Brief facts have, however, been extracted from CWP 173 of 1998.
2. Bawa Gram Udyog and another through CWP No. 173 of 1998 have challenged order Annexure P-7 as also order Annexure P-10 dated 14-7-1992 and 16-1-1993 issued by respondents and have further prayed for stay of recovery of working fund.
3. Facts on which the relief stated above is sought to rest reveal, that in the year 1956, the Government of India established Khadi and Village Industries Commission by way of Act No. 61 of 1956 with a view of organise and promote khadi and village industries. There came into being an agreement between petitioners and the Board on 11-7-1989 in which it had been provided that the institution shall pay normal interest @ 4% per annum on the expiry of each financial year. On 28-4-1992 another agreement came into being, between the petitioner
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