Supreme Court of India · 2010-04-23
M/S. A.P.T. Ispat Pvt.Ltd vs U.P. Small Industrial Corpn. Ltd. & Anr
- Citation / case number
- AIR 2010 SUPREME COURT 2095
- Court
- Supreme Court of India
- Petitioner
- M/S. A.P.T. Ispat Pvt.Ltd
- Respondent
- U.P. Small Industrial Corpn. Ltd. & Anr
- Author
- Aftab Alam
- Bench
- Swatanter Kumar, Aftab Alam
Judgment text excerpt
The Supreme Court addressed the validity of recovery certificates issued under Section 3 of the U.P. Public Moneys (Recovery of Dues) Act, 1972, by the Managing Director of the U.P. Small Industries Corporation Ltd. The Court held that the recovery certificates were validly issued as the appellant company had failed to pay for goods received, establishing that the statutory authority acted within its powers. The appeal against the High Court's dismissal of the writ petition was dismissed, affirming the recovery process initiated by the Corporation.