News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 20 years ago
Rediff.com  » Business » SC to hear DPC plea on MERC

SC to hear DPC plea on MERC

Source: PTI
September01, 2003 14:54 IST
Get Rediff News in your Inbox:

The Supreme Court on Monday admitted an appeal filed by Enron promoted Dabhol Power Corporation challenging a Bombay high court order holding that the Maharashtra Electricity Regulatory Commission had exclusive jurisdiction to deal with the disputes between the power company and the Maharashtra State Electricity Board.

A Bench comprising Justice Y K Sabharwal and Justice B N Agrawal, while admitting the appeal filed by DPC, issued notices to the MSEB and MERC.

Meanwhile, the Union government, which had moved the Delhi high court and got an order restraining DPC from going ahead with the arbitration proceedings over invocation of Centre's counter guarantee for the power project in Maharashtra, requested the apex court to make it a necessary party in the appeal.

The Bench issued notice to the DPC on Centre's petition after hearing arguments from Attorney General Soli J Sorabjee.
Get Rediff News in your Inbox:
Source: PTI© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
 

Moneywiz Live!