JUDGMENT

S.B. Majmudar, J.

1. The appellant Electric Supply Co. has brought in challenge the Judgment and award dated 31st March 1980 rendered by Special Officer Under Section 7-A as substituted in the Indian Electricity Act, 1910 (hereinafter referred to as the Act) by U.P. Act 14 of 1976. The appellant, original licensee, under the Act had sought appropriate compensation under the aforesaid provision from the Special Officer entrusted with the task of determining the purchase price of the appellants Undertaking acquired Under Section 6-A as inserted by the very same Act of the U.P. Legislature. This appeal by grant of special leave under Article 136 of the Constitution of India was pressed at the time of final hearing by their learned senior counsel Shri Salve and learned counsel Shri Gupta on the following grounds:

1. In the impugned award the Special Officer had erroneously excluded supervision charges actually incurred by the appellant from the book value of the assets as defined by the Explanation to Section 7 A(2).

2. The Special Officer had erroneously deducted from the book value of the assets of the appellant an amount of Rs. 2,48,718 being the purported depreciation on w