Kerala State Electricity Board vs Kurien E. Kalathil

The Supreme Court upheld the High Court's directive for the Kerala State Electricity Board (KSEB) to pay Rs.12,92,29,378/- with 9% interest to the respondent-contractor, arising from a contract for dam construction. The Court clarified that the contract was governed by private law, not statutory law, and reduced the interest rate from 18% to 9% as previously decided. The ruling emphasized the applicability of the Minimum Wages Notification issued by the Government of Kerala to the workers employed by the contractor, affirming the High Court's decision on the matter.