Supreme Court · 2001 INSC 376 · Decided 17 August 2001
U.P. State Electricity Board v. Banaras Electric Light and Power CO. LTD.
- Court
- Supreme Court of India
- Citation
- 2001 INSC 376 · [2001] SUPP. 1 S.C.R. 662
- Case number
- CIVIL APPEAL No. 499/1983
- Decided
- 17 August 2001
- Bench
- AJAY PRAKASH MISRA, D.P. MOHAPATRA (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Companies Act; Electricity Act Section 6(1), 7
Headnote
Electricity Laws : Indian Electricity Act, 1910-Section 6(1), 7-!ndian Electricity (Uttar C Pradesh Amendment and Validation Act), 1975-Sections 7, 7 (A)-Company supplied electricity to its consumers-UP. Electricity Board purchased the undertaking of the company-By virtue of section 7 of the 1910 take over certain dues of the company remained uncollected-Board collected the D amount due-Held, not correct-Board to pay the amount realised to the liquidators of the company-No provision in the Act requiring licensee to deliver the book debts of the company to the Board on vesting of the
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