CHIEF CONTROLLER, TAMIL NADU GENERATION & DISTRIBUTION CO. LTD v. T.T. INDUSTRIES LTD.

Supreme Court of India · 16 Dec 2016
Kurian Joseph; Rohinton Fali Nariman
CIVIL APPEAL NO(S).4859-4860/2015
civil appeal_dismissed

AI Summary

The Supreme Court dismissed the appeals and upheld the Appellate Tribunal for Electricity's order awarding simple interest at 10% per annum on the outstanding amount against the appellant.

Full Text
Translation output
Page 1
IN THE SUPREME COURT OF INDIA
CIVIL APPELLATE JURISDICTION
I.A. NOS.9-10/2016 IN & CIVIL APPEAL NO(S).4859-4860/2015
CHIEF CONTROLLER, TAMIL NADU GENERATION &
DISTRIBUTION CO. LTD. APPELLANT(S)
VERSUS
T.T. INDUSTRIES LTD. & ANR. RESPONDENT(S)/
APPLICANT(S)
JUDGMENT

1. It is not in dispute that the appeals on identical issues have been dismissed maintaining the award of simple interest @ 10% per annum on the amount outstanding against the appellant, as ordered by the Appellate Tribunal for Electricity.

2. Therefore, these appeals are also dismissed.

3. The I.As stand disposed of ........................ J. [ KURIAN JOSEPH ] ....................... J. [ ROHINTON FALI NARIMAN ] NEW DELHI; DECEMBER 16, 2016.