Bombay High Court Allows Writ Petitions Challenging Coal Supply Suspension — Holds That Non-Payment of Interest on Delayed Payments Does Not Justify Suspension of Coal Supply Under Fuel Supply Agreement. The court quashed communications suspending coal supply to a cement and paper manufacturing company, ruling that the Fuel Supply Agreement only permitted suspension for non-payment of principal amounts, not interest.
16 Jun 2014The petitioners, Murli Industries Limited (a company registered under the Companies Act, 1956) and its Chairman-cum-Managing Director, filed two writ ...
