M/S. Sree Palani Andavar Alloys And Steels Pvt. Ltd., v. The Chairman And Managing Director,
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED: 16.05.2019
CORAM
THE HONOURABLE MR.JUSTICE KRISHNAN RAMASAMY W.P.No.14279 of 2019 M/s.Sree Palani Andavar Alloys and Steels Private Limited, H.T.Sc.No.049094260346 S.F.No.304/1 & 304/2, Paniyampalli, Chennimalai Village, Erode District 638 051, Rep by its Director K.C.Subramanian ...
Petitioner ..Vs..
1.The Chairman and Managing Director, TANGEDCO, No.144, Anna Salai, Chennai-600 002.
2.The Superintending Engineer, Erode Electricity Distribution Circle, TANGEDCO, 129-A, Mettur Road, Pin code 638 009.
...
Respondents Prayer: Writ petition filed under Article 226 of the Constitution of India to issue a Writ of Mandamus directing the second respondent to permit the petitioner to pay the balance Additional Security Deposit of Rs.39,43,095/- alone in 10 monthly installments along with the regular current consumption charges for its H.T.Sc.No.049094260346, M/s.Sree Palani Andavar Alloys and Steels Private Limited.
For Petitioner : Mr.K.Seshadri For Respondents : Mr.S.K.Raameshwar
O R D E R
Mr.S.K.Raameshwar, learned counsel takes notice on behalf of the respondents. By consent of both sides, this Writ Petition is taken up for final disposal at the stage of admission itself. 2.This Writ Petition has been seeking for a direction to the second respondent to permit the petitioner to pay the balance Additional Security Deposit of Rs.39,43,095/- alone in 10 monthly installments along with the regular current consumption charges for its H.T.Sc.No.049094260346, M/s.Sree Palani Andavar Alloys and Steels Private Limited.
3. The learned counsel for the petitioner states that due to slow movement of finished steel goods in the market, the petitioner was not in a position to pay the Additional Security Deposit at once and hence pleads before this Court to pay the Additional Security Deposit in 10 monthly installments. He would further submit that this Court in similar circumstances, this Court in W.P.No.16246 of 2016 has ordered for payment of additional security deposit, in six equal monthly installments, along with current consumption charges and the petitioner herein is also ready and willing to pay the additional security deposit by way of 6 monthly installments.
4. The learned counsel appearing for the respondents also agreed for the same.
5. Considering the facts and circumstances of the case and also having regard to the submissions made, this Writ Petition is disposed of directing the petitioner to pay the additional security deposit of Rs.39,43,095/-, in six equal installments along with regular current consumption charges, commencing from 01.06.2019, failing which it is open to the respondents to initiate appropriate action in accordance with law. No costs. Sd/- Assistant Registrar (VO) //True Copy// Sub Assistant Registrar arr/vkr
To 1.The Chairman and Managing Director, TANGEDCO, No.144, Anna Salai, Chennai-600 002.
2.The Superintending Engineer, Erode Electricity Distribution Circle, TANGEDCO, 129-A, Mettur Road, Pin code 638 009.
+1 cc to Mr.K.Seshadri,Advocate Sr.No.43893 W.P.No.14279 of 2019 br(co) mp(21/05/2019)