The appellant in the companyrse of its banking business had granted different kinds of loans on security like mortgage or pledge or hypothecation of floating charge of all assets of Madura Sugars Limited, Randiarajapuram, Madurai District, for short the companypany, a companypany registered under the Companies Act.
1,24,87,487.47 together with interest amount of Rs.
2,24,80,070.88 upto July 29, 1987 with further interest at the rate of 19.5 until date of discharge.
RAJENDRA BABU, J. The appellant filed a writ petition in the High Court seeking for a writ or direction or order to the first respondent to pay a sum of Rs.
