ORDER :

1. Heard the learned Senior Counsel Sri Chandrasen appearing on behalf of the Petitioner and the learned Government Pleader for Industries and Commerce appearing on behalf of the Respondents.

2. This Writ Petition is filed praying to issue a Writ of Mandamus/certiorari to set-aside the order dated 17.06.2020 vide proceedings No. R.C. No. 5218/03-S1, of the 2nd respondent by declaring the same as illegal, arbitrary, violative of Article 14, 21 of the Constitution of India and section 121 (2) of A.P. Co-operative Societies Act 1964 and consequently direct the respondents to pay a sum of Rs. 1,15,78,745/- with interest calculated 18% interest to the petitioner forthwith.

3. The case of the Petitioner, in brief, is as follows:

(a) The Petitioner is the proprietor of Ms. S.K. Industries Cotton Merchant & Commission Agent, having its office at New Bus stand road, Adilabad town. The Petitioner supplied cotton to the Adilabad Cotton Grower co-operative Spinning Mills Limited, Industrial Area Adilabad town. The said spinning mill had to pay sum of Rs. 75,92,625/- towards cost of cotton supplied by the petitioner.

(b) The said spinning mills issued a cheque for Rs. 75,92,620/- dated 30.1.