M/s. Sonal Irons Industry Pvt. Ltd. v. The Chairman
Case brief
What is this about?
In this writ petition, the High Court of Madras directed the petitioner to pay additional surcharge arrears in ten equal monthly instalments instead of a lump sum, considering the petitioner's financial crisis amidst the COVID-19 pandemic, though it rejected the request to reduce the interest rate.
What did the court decide?
Directed payment of Rs.27,14,534/- in ten equal monthly instalments starting 05.01.2022.