Supreme Court · 2007 INSC 1159 · Decided 16 November 2007
Bijli Cotton Mill (Unit of National Textile Corporation U.P. Limited) v. U.P. Power Corporation Limited & ORS.
- Court
- Supreme Court of India
- Citation
- 2007 INSC 1159 · [2007] 12 S.C.R. 129
- Case number
- CIVIL APPEAL No. 5275/2007
- Decided
- 16 November 2007
- Bench
- ARIJIT PASAYAT, LOKESHWAR SINGH PANTA (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
Headnote
Sick Industrial Companies (special Provisions) Act, 1985: Sick Unit of National Textile Corporation-Electricity disconnection-Liability to pay late payment surcharge-Under the Scheme approved by BIFR, Electricity Board to writ off interest and damages--HELD: High various letters and stands urged before it-Matter remitted to High Court~Parties would move BIFR to clarifj; whether delayed payment surcharge is included in interest or damages in view of conceded position that no interest was levied-Order of BIFR shall be placed before High Court which would
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