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2006 Supreme(AP) 962

BILAL NAZKI, M.VENKATESWARA REDDY
Paravathi Parameshwara Cables, K. M. Valasa, rep. by Managing Partner. K. Surapu Naidu – Appellant
Versus
A. P. Transmission Corpn. Ltd. rep. by its Chairman & Managing Director – Respondent


ORDER (Per Bilal Nazki, J.)

All these revisions raise common questions of law and fact and therefore, they are being disposed of by this common order.

2. Heard learned counsel for the parties and perused the record.

3. Several applications were filed before the trial Court and the trial Court passed a common order, which is challenged by way of these revisions. It appears that an award was passed in terms of Section 34 of the Arbitration and Conciliation Act, 1996 (hereinafter referred to as the Arbitration Act) by respondent No.1 in these revisions. The present petitioners filed applications seeking a direction to the applicants in applications under Section 34 of the Arbitration Act to deposit 75% of the amount awarded or to dismiss the main O.Ps. for non-compliance of Section 7 of the Interest on Delayed Payments to Small Scale and Ancillary Industrial Undertakings Act, 1993 (hereinafter referred to as the 1993 Act). The applications were dismissed by the Court. Therefore, these revisions are being filed.

4. An interesting question was raised before the Court below and it has been contended by the learned counsel appearing for the petitioners that in terms of the 1993 Act, no award




















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