STATE OF ORISSA vs ORISSA CEMENT LTD. . — C.A. No. 1535/2005

Summary: State of Orissa v. Orissa Cement Ltd., C.A. No. 001535/2005 On March 4, 2005, the Supreme Court granted leave to appeal and modified the High Court's judgment. The Court reduced the interest rate payable to Orissa Cement Ltd. from 14% to 12%, provided the State refunded the amount within six months; failure to do so would result in interest reverting to 14%. The Court found the issues were concluded by prior precedent (District Mining Officer v. Tata Iron & Steel Co., 2001 (7) SCC 358). This case analysis is maintained by casestatus.in based on publicly available court records.