RADHAKRISHNA KHANDASARI SUGAR MILLS Vs. KARNATAKA ELECTRICITY BOARD

JUDGEMENT

(1.) The petitioner is the owner of the petitioner-Factory, who consumes electricity for its industrial activity. He is aggrieved by the claim made by the respondents for Rs. 91,985/- being the interest on belated payment of Additional Security Deposits, for the years 1989-90; 1991 and 1992. According to the petitioner, the consumer is not liable to pay any interest on the belated payment of Additional Security Deposits.

(2.) Regulation 31.02 framed by the Karnataka Electricity Board provides for the Additional Security Deposit (ASD for short). It says that:-

(3.) Regulation 30.05 looks to be part of the main Regulation 30 with the Heading "Power Supply Charges" while Regulation 31 appears with the Heading "Security". Earlier Regulation 30.05 stated that: