M/S SHANTI CONDUCTORS (P) LTD vs ASSAM STATE ELECTRICITY BOARD

The Supreme Court reviewed its earlier judgment dated 23.01.2019 concerning Civil Appeals Nos. 8442-8443 of 2016, 8450 of 2016, and 8445 of 2016, which dismissed the appeals related to the Assam State Electricity Board's delayed payments under the Interest on Delayed Payments to Small Scale and Ancillary Industrial Undertaking Act, 1993. The Court reaffirmed the applicability of the Act and clarified that the petitioner was entitled to interest on delayed payments as per the provisions of the Act. The review petitions were dismissed, upholding the previous decision.