LAWS(JHAR)-2010-4-244

EASTERN SYNPACKS LTD. Vs. STATE OF JHARKHAND

Decided On April 06, 2010
Eastern Synpacks Ltd. Appellant
V/S
STATE OF JHARKHAND Respondents

JUDGEMENT

(1.) IN course of submission, learned counsel for the respondents/opposite parties has submitted a revised statement of amount of interest which the respondents have now agreed to pay for the delayed payment on the total amount i.e. for the period of 11 months calculated from 4.5.2009 i.e. the date after lapse of the three months stipulated period, till the date of payment, @ 10% per annum.

(2.) COUNSEL for the petitioner raises a dispute claiming that the respondents by such calculation, have sought to conveniently avoid payment of interest for the period of 9 years commencing from 15.11.2000 till the date of final payment i.e. till today, although even as per the directions contained in the impugned order of this court, respondents' are liable to pay interest for the entire 9 years period during which the payments were intentionally withheld by the respondents.

(3.) THE opposite party has claimed through its show -cause replies that the direction as contained in the order dated 4.2.2009 have been complied with by making payment of Rs. 12,46,116.91 to the petitioner through his counsel. The opposite party has also conceded its liability to pay interest on the aforesaid amount for the delay of 11 months in making the payment.