IN THE HIGH COURT AT CALCUTTA

(Constitutional Writ Jurisdiction)

APPELLATE SIDE

Present:

The Hon’ble Justice Krishna Rao

WPA No. 15702 of 2025

Khatu Shyam Trading Co.

Versus

The Union of India & Ors.

Mr. Atarup Banerjee

Mr. Arindam Sen Mr. Saurav Basu

Mr. Sumik Biswas

Ms. Payel Maji

Mr. Rajdeep Pramanik

.....For the petitioner.

Ms. Suchismita Ghosh

.....For the respondent nos. 5 & 6.

Mr. R.N. Pyne

Mr. Arijeet D. Mullick

Mr. Subhasis Pyne

.....For the respondent no. 7.

Hearing Concluded On : 08.12.2025 Judgment on : 07.01.2026 Krishna Rao, J

1. The petitioner has filed the present writ application praying for a direction upon the respondent no.7 to refund an amount of Rs. 7,82,282.02/- to the petitioner as was taken by the respondent no.7 illegally as a foreclosure charge of Term Loan and Overdraft Credit Loan of the petitioner.

2. The petitioner has availed Term Loan with a sanctioned amount of Rs.

2,38,00,000/- and Over Draft Credit Loan with a sanctioned amount of Rs.5,00,00,000/- out of which only Rs.4,00,00,000/- has been released and remaining amount of Rs.1,00,00,000/- has not been released without assigning any reasons. On 29th January, 2025, the petitioner has submitted a request to the bank for f