ORDER : – Heard on IA No. 10005/2021, an application on behalf of the respondent No. 3 (Sanfield India Limited) for dismissal of the instant writ petition for want of jurisdiction and also on availability of efficacious alternative remedy.

2. In brief, the facts giving rise to the present petition are that the petitioner and respondent No. 3 entered into a business transactions with effect from 8-2-2011, regarding supply of construction material. Subsequently, a dispute arose between the parties and respondent No. 3 filed an application under section 18 of the Micro Small and Medium Enterprises Development Act, 2006 (herein after referred to as “the Act”) for adjudication of the dispute (vide claim statement dated 17-4-2015 Annexure P/5) before the Madhya Pradesh Micro and Small Industry Facilitation Council, Bhopal (MP), respondent No. 2 (hereinafter referred to as “the Facilitation Council”).

3. In the aforesaid proceedings, the Facilitation Council vide its award dated 27-12-2017 (Annexure P/7) directed the petitioners to pay a sum of Rs. 33,78,745/- (rupees thirty three lakh seventy eight thousand seven hundred forty five only) along with penal interest of Rs. 23,07,729 (rupees