RANCHI, India, April 18 -- Jharkhand High Court issued the following order on March 18:
1. The present writ petition has filed for quashing the demand notice dated 27th May, 2024 (Annexure-9) issued by the Recovery Officer, Debts Recovery Tribunal, Ranchi whereby the petitioner has been directed to pay an amount of Rs.29,96,629/- along with pendente lite and future interest at the rate of 11.10% compound interest monthly with effect from 26th September, 2018 till realization of the entire due amount as well as cost of Rs.29,000/- has been imposed upon him. Further direction has been issued to pay the aforesaid amount within 15 days from the receipt of the said notice, failing which the recovery would be made in accordance with the Recovery...