CWP No. 2773 of 2007 1 In the High Court of Punjab and Haryana at Chandigarh CWP No.2773 of 2007 Date of Decision: 24.09.2008 M/s Rishabh Refractories ...... Petitioner Versus The State of Punjab and Another ...... Respondents Coram: Hon'ble Mr. Justice Adarsh Kumar Goel Hon'ble Mr. Justice Ajay Tewari 1. Whether Reporters of local papers may be allowed to see the judgment? 2. To be referred to the Reporters or not? 3. Whether the judgment should be reported in the Digest? Present: Mr.Ashwani K.Chopra, Sr. Advocate with Mr. Vaishav Narang, Advocate for the petitioner. Mr.Piyush Kant Jain, Addl.AG, Punjab, for the respondents. **** Ajay Tewari, J. This petition has been filed for issuance of a writ in the nature of Mandamus directing the respondents to clear the outstanding amount of the petitioner in its 'interest free loan' account as demanded vide letter dated January 18, 2007, Annexure P-5 by adjusting the amount of Rs. 29.22 lacs due towards State Capital Subsidy sanctioned by the respondents in the year 2000 and payable in the account of M/s Rishabh Agro Industries, a sister concern of the petitioner. It is not disputed that the heads of account of the said interest CWP No. 2773 of 2007 2 free loan in the State Capital Subsidy are entirely different and that petitioner-company as well as M/s Rishabh Agro Industries aforementioned are separate juridical entities. It has been further brought on record that as per the loan agreement dated 23.10.98 the Government would have the right to recover the entire loan with penal interest . We find no justification in the prayer made by the petitioner. The petition is consequently dismissed with no order as to costs. (AJAY TEWARI) JUDGE (ADARSH KUMAR GOEL) JUDGE September 24, 2008 sunita