M/s.Taurus and Taurus (India) Enterprises Private Limited v. The Union of India
Case brief
What is this about?
The High Court disposed of writ petitions filed by a private company for payment of admitted dues and interest owed by a government corporation. The court recorded the respondent's undertaking to prioritize payment of dues while declining to grant an immediate direction for interest as it was not admitted. Connected petitions were closed.
What did the court decide?
Direction to the third respondent to settle all dues and liabilities payable to the petitioner on a priority basis; no order on interest.