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Calcutta High Court

M/S. V.K. Patel And Co vs Simplex Infrastructure Limited on 13 June, 2023

Author: Moushumi Bhattacharya

Bench: Moushumi Bhattacharya

OCD-37
                                   ORDER SHEET
                                   EC/391/2022

                        IN THE HIGH COURT AT CALCUTTA
                         Ordinary Original Civil Jurisdiction
                                  ORIGINAL SIDE
                               (Commercial Division)

                            M/S. V.K. PATEL AND CO.
                                     Versus
                       SIMPLEX INFRASTRUCTURE LIMITED

      BEFORE:
      The Hon'ble JUSTICE MOUSHUMI BHATTACHARYA

Date : 13th June, 2023.

Appearance:

Mr. Swatarup Banerjee, Adv.
Mr. Avishek Guha, Adv.
Ms. Debarati Das, Adv.
Ms. Akansha Chopra, Adv.
Mr. Abhishek Banerjee, Adv.
The Court: The dispute before the Court is whether the interest calculated by the supplier/award-holder in terms of Section 16 of The MSME Act, 2006 matches with the calculation made on behalf of the award-debtor.
Learned counsel appearing for the award-debtor submits that the award- debtor has made full and final payment of the principal as well as the interest due from it and nothing further remains payable to the petitioner.
This is disputed on behalf of the petitioner. There are tables and calculations relied on by both the parties. List this matter on 22nd June, 2023.
(MOUSHUMI BHATTACHARYA, J.) bp.