Delayed payments - Suit only for interest by supplier - Maintainable

Citation

AIR 2012 SUPREME COURT 3167

SUPREME COURT

(From : Gauhati)

H. L. DATTU , J. and ANIL R. DAVE , J.

Civil Appeal Nos. 2348 with 2351 of 2003, D/- 10 - 7 - 2012

M/s. Purbanchal Cables and Conductors Pvt. Ltd v. Assam State Electricity Board and Anr Assam State Electricity Board and Ors v. M/s. Shanti Conductors Pvt. Ltd. and Anr

(A)Interest on Delayed Payments to Small Scale and Ancillary Industrial Undertakings Act (32

of 1993), S.6 - Delayed payments - Suit only for interest by supplier - Maintainable.

(2010) 5 SCC 44, Foll.

 (Para 12)