Document Fragment View
Fragment Information
Showing contexts for: RAMeswaRAM in Madura Coats Pvt. Ltd vs M/S.Arkay Energy (Rameswaram) Ltd on 8 December, 2009Matching Fragments
3. I have heard Mr.P.R.Raman, learned counsel for the applicant in A.No.4782 of 2009, Mr.M.S.Krishnan, learned Senior Counsel for the applicant in A.No.4835 of 2009, Mr.N.C.Ramesh, learned counsel for the first respondent in both the applications and Mr.M.Ravindran, learned Additional Solicitor General for the second respondent in both the applications. I have also heard Mr.V.T.Gopalan, learned Senior Counsel for Axis Bank which has come up with the impleading applications.
4. The applicants in both the garnishee applications are industries engaged in manufacturing activities, requiring enormous amount of power supply. Since the Tamil Nadu Electricity Board is unable to ensure uninterrupted supply of power, to the extent required by industrial consumers, Gas based power plants came to be set up in the State. The first respondent is a company which set up one such plant in Rameswaram, as a "Captive Power Plant".