Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2002 (8) TMI 561

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... order of the learned single judge dated January 9, 1995. The facts giving rise to the appeal are as follows : In the year 1985, the appellant, National Thermal Power Corporation Ltd. ('NTPC Ltd.') awarded the contract for laying of transmission line for Korba Bhilai-II to respondent No. 1, Hind Galvanizing and Engineering Co. Ltd. ('the HGEC Ltd.'). On May 15, 1992, the HGEC Ltd. filed a petition .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nsmission systems were vested in the Central Government and after they were so vested, the power transmission systems by a legal fiction were deemed to have been transferred and vested in the Power Grid Corporation of India ("the PGCI"). After the Act came into force, the learned single judge by order dated January 9, 1995, directed the Power Grid Corporation of India to be arrayed as a party res .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... filed the instant appeal. We do not see any reason to interfere with the order passed by the learned single judge. By the impugned order the learned company judge has not held the appellant to be responsible for the payment of the aforesaid amount to the PGCI nor has any financial liability been foisted on it. The question whether the appellant is liable to make payment to the respondent is yet t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates