Supreme Court · 2004 INSC 247 · Decided 12 April 2004
M/S O.N.G.C. LTD. v. ASSN. of Natural Gas Consuming Industries and ORS.
- Court
- Supreme Court of India
- Citation
- 2004 INSC 247 · [2004] SUPP. 1 S.C.R. 1
- Case number
- CIVIL APPEAL No. 355/2002
- Decided
- 12 April 2004
- Bench
- S. RAJENDRA BABU, AR. LAKSHMANAN, G.P. MATHUR (3-judge bench)
- Outcome
- IA disposed
- Case type
- Civil
Headnote
A B Natural gas-Price fixation by ONGC-Upheld by Court-Interest on differential amount-Two drug manufacturing companies disputing calculation C of arrears of principal amount-Held, demands made by applicants have not been considered effectively by ONGC-Interest to be paid by them would be payable and not compoundable- <~ ONGC shall also examine the other points raised by applicants-Interest. + Appellant-ONGC increased the price of gas which gave rise to a D number of writ petitions before the High Court. Pending ,litigation, gas price was regulated by interim orders of the High
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