VINEET KOTHARI, GITA GOPI
Gujarat Industrial Development Corporation (GIDC) Ltd. – Appellant
Versus
Dhruv EPC Solutions Pvt. Ltd. – Respondent
JUDGMENT :
GITA GOPI, J.
1. The appellant, Gujarat Industrial Development Corporation (for short ‘Corporation’) has approached this Court under Clause 15 of the Letters Patent, challenging the order dated 12/16.08.2016 passed by the learned single Judge in Special Civil Application No. 12391 of 2013, by which the learned single Judge directed the appellant Corporation to refund Rs. 1,75,37,460/- with 6% interest p.a. from 30.10.2012, i.e. the date when the Corporation for the first time offered refund, till its payment, within a period of six weeks from the date of receipt of the order and in failure to comply the order within the said period, the present respondent was held to be entitled to receive interest @ 8% from the aforesaid period till the amount was realized.
2. The appellant Corporation has challenged the impugned order on the grounds inter-alia contending that the learned Single Judge has failed to appreciate the facts of the case in its proper perspective and has committed an error in holding that owing to the mistake on the part of the appellant Corporation in not sending the offer-cum-allotment letter in the name of the new Company, the present respondent was unable to
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.