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Documents citing A.P. Transco vs Sri Gowri Sankar Cable Industries And ... on 22 November, 2001

M/S.Eden Exports Company vs Union Of India on 20 August, 2010

25.The second argument that in default, it provides for compound interest with monthly rests and three times interest as per the lending rates notified by the Reserve Bank also cannot be accepted. It was argued by the counsel for the petitioners that the said provision allows charging of usurious interest. Similar provision under Section 4 of the 1993 Act came to be considered and was upheld by the division bench of the Andhra Pradesh High Court in the A.P.Transco's case (cited supra). The following passages found in paragraphs 44 to 46 may be usefully extracted below:
Madras High Court Cites 72 - Cited by 19 - K Chandru - Full Document

T.C. Of A.P. Ltd., Vidyuth Soudha, Hyd. vs The Secy. Of India, Minis. Of Power Gen. ... on 19 March, 2024

3. It is pertinent to mention here that the validity of the aforesaid provision was challenged before a Division Bench of this Court in A.P.TRANSCO, Hyderabad v. Gowri Sankar Cable Industries, Regidiamadalavalasa Mandal, 2 Srikakulam 1 (W.P.No.10179 of 2001 and batch). The aforesaid writ petitions have been dismissed by an order dated 22.11.2001, which has already been upheld by the Supreme Court.
Telangana High Court Cites 4 - Cited by 0 - Full Document
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