Bihar State Credit &Amp; … vs M/S Prabha Electro Casting Pvt on 2 July, 2008

       IN THE HIGH COURT OF JUDICATURE AT PATNA
                       LPA No.109 of 2008
         BIHAR STATE CREDIT & INVESTMENT CORP.
                               Versus
          M/S PRABHA ELECTRO CASTING PVT & ORS.
                             -----------

For the appellant : Mr. Nirmal Kumar
For the respondents: Mr. S.D.Sanjay
Mr. Saroj Samdarshi

PRESENT

Hon’ble the Chief Justice
&
Hon’ble Mr. Justice Kishore K. Mandal

—

Dated, the 2nd July, 2008

Counsel for the appellant is directed to keep ready the

original accounts pertaining to the loan advanced to respondent no.1.

This has become necessary as the contention of the counsel for the

appellant (BICICO) is that although the subsidy amount in the

account of the respondent no.1 was received from the Industries

Department, it had already been adjusted against the outstanding

interest.

Stand over for two weeks.

R.M. Lodha, CJ.

Kishore K. Mandal, J
Neyaz