1. The present Commercial Appeal is filed by the Appellant raising
challenge to the Order dated 19.11.2024 passed by the Single Judge,
rejecting the interim reliefs sought by her through IA(L) 25072 of 2024
and IA(L) No. 25073 of 2024. The Commercial suit is instituted by the
Appellant seeking damages and compensation of Rs.8.73 crores.
alleging gross breach of contract and trust, culpable negligence, and
malicious and tortious action at the hands of the The Technology
Development Board (herein after referred to as ‘TDB’) and its Officer,
along with further interest from the date of decree till its final payment.
A claim is also staked against ICICI Bank and its Officers, as the
Plaintiff alleged that she had suffered harassment, on account of the ill
treatment meted out by the Bank, which has been instrumental in
causing deficit in the accounts of the Plaintiff by charging exorbitant
interest and initiating proceedings under the Securitization and
Reconstruction of Financial Assets and Enforcement of Security
Interest Act, 2002 (SARFAESI Act) without examining the stress in the
account through a Committee, as contemplated under the MSMED
Notification dated 29.05.2015.
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