B.M.LAL, G.S.N.TRIPATHI
SWATANTRA KUMAR AGRAWAL – Appellant
Versus
MANAGING DIRECTOR, U. P. FINANCIAL CORPORATION, KANPUR – Respondent
( 2 ) THE petitioner is a partnership firm. Sri Swatantra Kumar Agarwal is its partner. It has established a rice mill by investing Rs. 6. 55 lacs from its own resources. The U. P. Financial Corporation, respondent No. 2 advanced a loan of about Rs. 7. 29 lacs against the sanctioned amount of Rs. 8. 68 lacs. Due to the failure of the respondents in not timely providing and sanctioning the loan, the petitioner could not make a steady pro
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