JAISINGRAO SUBRAO GHODKE Vs. UNION OF INDIA

JUDGEMENT

(1.) Rule. Rule made returnable forthwith and heard finally with the consent of learned counsel appearing for the parties.

(2.) Learned counsel for the petitioners, on instructions, restrict their submission and prayer mainly against impugned order dated 4/5/2017. All other prayers are not pressed. Therefore, we are not dealing with the same at this stage and those points are kept open.

(3.) These writ petitions are filed by the guarantors against impugned order dated 4/5/2017, whereby the petitioner/appellants' applications for waiver as contemplated under Sec. 21 of the Recovery of Debts and Bankruptcy Act, 1993 (for short the R.B.D. Act) has been considered, but by passing the following order :