TULSYAN NEC LIMITED vs THE CHAIRMAN, T.N.ELECTRICITY BOARD — C.A. No. 4212/2006

Summary: On 8 September 2006, the Supreme Court granted leave and disposed of Tulsyan NEC Limited's appeal against the Madras High Court's order directing deposit of Rs. 1 crore. The Court found the deposit requirement had been complied with and that parties' underlying agreement provided for crediting electrical energy produced by appellant against Board charges. The Court modified the High Court's judgment, directing the High Court to hear and dispose of appellant's suit expeditiously within three months, with parties completing preparatory steps within six weeks. This case analysis is maintained by casestatus.in based on publicly available court records.