CERC allowing the claim of the
2nd respondent without a proper prudence check and ignoring the factual
position that it has already recovered more than ... considered in addition to the norms after due prudence check as
regards its reasonability, however, the impugned order was passed without a
prudence check
finance charges claimed by the Appellant will be considered subject
to prudence check while finalizing the Truing Up accounts for the year ... finance charge claimed by the licensee
will be considered subject to prudence check while 11apitalize the truing
up of accounts of 2016-17. Hence
Cesc Limited vs West Bengal Electricity Regulatory ... on 21 March, 2024
Author: Ramesh Ranganathan
Bench
Rkm Powergen Private Limited, Chennai vs Deputy Commissioner Of Income Tax ... on 8 March, 2024
Commission must allow all the reasonable
expenditures to the Generator after prudence check, it is pertinent to mention
that such Generating Stations are in fact ... reasonable
expenditures should be allowed to a Generator after prudence check, it is
pertinent to mention that such Generating Stations are in fact governed
expenses, along with
carrying cost subject, however, to necessary prudence check."
43. Further, submitted that in Civil Appeal No. 8880 of 2022 filed
amend tariff order during true up exercise. On the
pretext of prudence check and truing up, DERC could not have amended
Page
such expenditure in the Aggregate Revenue Requirement (ARR) subject to prudence check 11. Smart Grid Programme, Project Completion Report. 11.1. The Transmission licensee and distribution
spot. Even otherwise, a test identification
parade is merely a rule of prudence. The non-conducting of a test
identification parade would not necessarily mean ... check valve to the evidence of identification in court of an
accused by a witness and the same is a rule of prudence
mala fide. The purpose is to check
whether the choice of decision is made lawfully and not to check whether the
choice of decision ... contracts, the
parties are to be governed by the principles of commercial prudence. To that
extent, principles of equity and natural justice have to stay
