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1995 (12) TMI 381 - SC - Indian LawsExtract: .......e basis of revised tariffs. The Company had agreed to pay interest at 18 on the bills if not paid when it became due and payable. Even otherwise, claim of 18 interest per annum also appears to be just and proper. We, therefore, set aside the impugned decisions of the High Court by allowing these appeals. There will be, however, no order as to cost.
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