The arrangement between the parties was that the loan obtained from the State Bank of Patiala will be utilised by the appellant for companystructing four godowns which would be taken on lease by the respondent and the rent thereof would be paid directly to the bank.
It appears that the lease was terminated by the respondent before the expiry of period of lease and therefore the rent for the period 1st March, 1981 to 2nd April, 1984 became the subject matter of dispute for all the four godowns.
Against the orders passed by the appellate authority, four revisions were filed in the High Court which were dismissed by the orders under challenge.
The dispute between them was referred to an Arbitrator who has passed an Award granting the rent for the said period together with interest at 18 per cent per annum.
Those Awards were made Rule of the Court by the learned Subordinate Judge, First Class, Amritsar on September 13, 1995.
The companystruction project was financed by the State Bank of Patiala.
These appeals are directed against the order of the High Court of Punjab and Haryana in Civil Revision Nos.
Four awards were passed in respect of the four godowns.
The appellant companystructed four godowns on his lands.
Leave is granted.
