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1993 Supreme(All) 219

B.M.LAL, G.S.N.TRIPATHI
SWATANTRA KUMAR AGRAWAL – Appellant
Versus
MANAGING DIRECTOR, U. P. FINANCIAL CORPORATION, KANPUR – Respondent


Advocates Appeared:
SVARAJ PRAKASH

( 1 ) THIS is a petition under Art. 226 of the Constitution in which the following reliefs have been prayed for:- (A) directing the respondents to decide the representations of the petitioner dated 30-11-1992 and 17-3-1993 (Annexures Nos. III and IV) as also the representation of Sri Surendra Singh dated 17-3-1993 (Annexure V) respectively in accordance with the judgment/ guidelines of the Supreme Court referred to above. (b) directing the respondents to decide the claim of the petitioner strictly in accordance with the guidelines laid down by the Supreme Court in its judgment referred to above. (c) granting any other relief which this Honble Court may deem fit and proper in the circumstances of the case. (d) awarding the costs of the writ petition.

( 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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