Dismissed
Ms Atibir Indusries Co. Ltd. v. Damodar Valley Corporation
Jharkhand HCWPC/3886/2012
Case brief
AI extract
What is this about?
Petitioners challenged a demand for security deposit by Damodar Valley Corporation under the Electricity Act, 2003 and Jharkhand Electricity Supply Regulation Code, 2005. The Court observed that while no tariff existed in 2012, the DVC cannot insist on the impugned deposit. However, the DVC is entitled to demand the security amount from the effective date of the new tariff.
What did the court decide?
Direction issued: (i) DVC not to insist on levy of security deposit as per impugned letters; (ii) DVC entitled to raise demand for security amount w.e.f. 4th September, 2014.