LAWS(P&H)-2012-10-122

KAMLESH BHARGAVA HOSPITAL AND RESEARCH CENTRE (PVT.) LTD. AND OTHERS Vs. DEBTS RECOVERY APPELLATE TRIBUNAL AND ANOTHER

Decided On October 06, 2012
Kamlesh Bhargava Hospital And Research Centre (Pvt.) Ltd. Appellant
V/S
Debts Recovery Appellate Tribunal And Another Respondents

JUDGEMENT

(1.) The petitioners, by way of instant petition, seek to invoke the writ jurisdiction of this Court, under Articles 226/227 of the Constitution of India, for issuance of a writ in the nature of Certiorari for quashing the order dated 17.7.2012-Annexure P-18, passed by the learned Debts Recovery Appellate Tribunal, Delhi, ('DRAT Delhi' for short), thereby allowing the appeal of the respondent corporation, enhancing the pendente lite and future interest from 10 % per annum to 14 % per annum and also for quashing the consequent demand notice dated 9.8.2012-Annexure P-19.

(2.) Facts first. This case has a long and chequered history.

(3.) Relevant facts for disposing of the issue involved in the present case, may be noted.