2005 (2) TMI 549

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..... Member (T)]. - The appellant is a manufacturer of electricity meters. It had a contract with Dakshin Haryana Bijli Vitran Nigam Ltd. for supply of 65,000 meters upto 31-3-2002. The delivery was to be completed in a phased manner. The appellants could deliver 31,000 meters only within the contracted period. Accordingly, it is seen from the letter dated 11-4-2002 of buyer that a penalty upto 5% .....

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