Transmission Corporation Of Andhra Pradesh Ltd., v. M/S. S.V.R. Cables (P) Ltd., And Another

The Hon'ble Sri Justice C.V.Nagarjuna Reddy and The Hon'ble Sri Justice T.Amarnath Goud C.M.A.No.950 of 2015 Between:

Transmission Corporation of Andhra Pradesh Limited, (APTRANSCO) rep. by its Chairman and Managing Director Vidyuth Soudha, Somajiguda, Hyderabad - 500 082 ...

Appellant and M/s.SVR Cables (P) Limited, Anthakapalli - 532 127, Rajam Mandal, Srikakulam District, Rep. by its Director and another ...

Respondents Counsel for the Appellant : Mr.N.Siva Reddy Counsel for the Respondents : Mr.Pathuri Appa Rao The Court made the following:

Judgment: (Per the Hon'ble Sri Justice C.V.Nagarjuna Reddy) This Civil Miscellaneous Appeal (CMA) is filed against Order and Decree, dated 20.07.2015, in Arbitration OP.No.1642 of 2003 on the file of the XIV Additional Chief Judge (Fast Track Court), City Civil Court, Hyderabad.

At the hearing, the learned Counsel representing Mr.N.Siva Reddy, learned Standing Counsel for APTRANSO, placed before the Court, letter No.CE/Trans/SE-Trans/ EE(CC)/ F.14CMAs/ D.No.18/18, dated 09.10.2018, of the Executive Engineer/Court Cases, APTRANSCO, Vidyut Soudha, Hyderabad, wherein he has stated that the APTRANSCO is agreeable to settle the dispute with the respondents by paying the amount of Rs.1,24,59,000/- awarded by the Andhra Pradesh Facilitation Council, Hyderabad, without any further interest.

Ms.T.V.Sridevi, learned counsel for respondent No.1, submitted that her client has no objection for disposal of the CMA as requested by the Executive Engineer/Court Cases, APTRANSO.

Accordingly, the CMA is disposed of by holding that the appellant is liable to pay, and the respondent No.1 is entitled to receive the amount of Rs1,24,59,000/-.

As a sequel to the disposal of the CMA, CMAMP.No.1995 of 2015, filed for interim relief, is disposed of as infructuous. ______________________ (C.V.Nagarjuna Reddy, J) ___________________ (T.Amarnath Goud, J) Date: 11th October, 2018 lur