BIHAR STATE ELECTY BOARD vs M/S. BHOLA RAM STEEL PVT.LTD .

The Supreme Court upheld the High Court's decision to quash the demand raised by the Bihar State Electricity Board against M/s. Bhola Ram Steel Pvt. Ltd. for the year 1999-2000. The Court found that the Board failed to establish that the connected load exceeded the sanctioned limit of 500 KVA, as the meter readings were unreliable due to faults. The Court emphasized that the exemption from minimum guarantee charges under the Industrial Policy of 1995 was applicable, and the Board's claims regarding excess demand were not substantiated.