J U D G M E N T

Through a loan agreement executed inter se the deceased husband of the writ petitioner, on behalf of M/s Advid Drugs Private Limited, being its Director, and, the respondent corporation, certain financial assistances were purveyed to the borrower. The apposite loan agreement occurs at page 61 of the paper book. The afore loan agreement was executed by the deceased husband of the writ petitioner, one Anand Bhanwal, on behalf of M/s Advid Drugs Pvt. Ltd., with the respondent financial corporation. Since, defaults occurred in the liquidation(s) of borrowings made by the deceased husband of the writ petitioner. Consequently, the respondent financial corporation, through, its recoursing the mandate occurring in Section 32G of the State Financial Corporations Act, 1951, provisions whereof stand extracted hereinafter, issued a notice as becomes carried in Annexure P-9, hence upon, the surviving spouse of one Dr. Anand Bhanwal. In pursuance to Annexure P-9, the Collector Recovery, Himachal Pradesh Financial Corporation issued Annexure P-10, upon, the writ petitioner, wherethrough, it made …4…

an order, upon, the writ petitioner to deposit principal borrowings carried in a sum