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Rajasthan State I.D.I.Corpn. Ltd. & Anr vs Diamond & Gem Dev. Corpn. Ltd. & Anr on 12 February, 2013

9.11 that the power purchase agreement dated 24.02.2006 executed between KEPIP and KSEB for the supply of Power to KEPIP was formally terminated with effect from 31.05.2013 only . Therefore it is evidently clear that till 31.05.2013 the power purchase agreement dated 24.02.2006, between KSEB and KEPIP was valid and holding the field and KSEB was legally entitled to enforce the PPA as a matter of right and nobody can find fault with it. 9.12 that neither the Court nor the arbitrator or any other agency create a contract if the parties have not made it themselves that the terms of the contract have to be construed strictly without altering the nature of the contract, as it may affect the interest of either of the parties adversely. 9.13 that Hon'ble Supreme Court has held in 2013 (5) SCC 470, Rajasthan Sate Industrial Development and Investment Page 15 ss Appeal No. 104 of 2015 Corporation Limited Vs. Diamond and Gem Development Corporation Limited that:
Supreme Court of India Cites 27 - Cited by 51 - B S Chauhan - Full Document
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