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Altamas Kabir, S. S. NIJJAR, J. CHELAMESWAR
Paravathi Parmeshwar Cables – Appellant
Versus
Andhra Pradesh Transmission Corporation Ltd. – Respondent
Order
1. These appeals are directed against the common final judgment and order dated 28-8-2006, passed by the Andhra Pradesh High Court in Sri Paravathi Parmeshwara Cables v. A.P. Transmission Corporation Ltd., (2006) 3 APLJ 186 dismissing the revision petitions filed against the order of the trial court, seeking directions to the respondent applicants under Section 34 of the Arbitration and Conciliation Act, 1996, to deposit 75% of the amount awarded or to dismiss the main original petitions for non-compliance with Section 7 of the Interest on Delayed Payments to Small Scale and Ancillary Industrial Undertakings Act, 1993. After considering the provisions of Section 7 and other relevant provisions of the above Act, the High Court dismissed the revision applications. These appeals have been preferred against such dismissal.
2. During the pendency of these appeals, the same question, as was considered by the High Court in these appeals, fell for consideration of this Court in Snehadeep Structures (P) Ltd. v. Maharashtra Small-Scale Industries Development Corporation Ltd., (2010) 3 SCC 34 and this Court while disagreeing (sic agreeing) with the proposition that 75% of the awarded amo
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