Ms MSPL limited vs Bangalore Electricity Supply Company Limited
Case NumberOP/1/2021
Date of Filing13 Jan 2021
Case TypeOriginal Petition
Last Hearing--
CourtKarnataka Electricity Regulatory Commision
StateKarnataka
CityBengaluru
Year of Filing--
Party Details
Petitioner
M
s
M
S
P
L
l
i
m
i
t
e
d
N
o
t
A
p
p
l
i
c
a
b
l
e
Respondent
M
s
B
a
n
g
a
l
o
r
e
E
l
e
c
t
r
i
c
i
t
y
S
u
p
p
l
y
C
o
m
p
a
n
y
L
i
m
i
t
e
d
N
o
t
A
p
p
l
i
c
a
b
l
e
Hearing History (5)
26NOV
2024
Case called for hearing on 26.11.2024. Counsel Sri. Frederick Paul appeared for petitioner on behalf of Advocate Sri. Aditya Narayan for Saakshya Law present, prays to hold discussion with the Respondent tomorrow (27.11.2024) to negotiate and chalk out the methodology to calculate the rate of interest agreeable to both parties in the absence of MTLR and revert back to commission. Counsel for R-1 Ms. Vismaya Simha for Just Law and counsel Ms. Stephania Pinto for Precinct Legal present for R-2 as proxy. Commission heard petitioner counsel and granted time. Call on 07.01.2025.
Judge: Full Bench - PRK(C)+HKJ(L)+JA(M)
Stage: FOR HEARING
29OCT
2024
Case called for hearing on 29.10.2024. Counsel for petitioner Sri. Aditya Narayan and counsel for Respondent Ms. Vismaya Simha for Just Law present. Both counsels made their respective submissions on the method of calculation of interest arrived at MCLR and PLR in the absence of MTLR. Petitioner counsel prays for PLR rates while Respondent counsel agree for MCLR. Commission heard both the counsels and directed them to negotiate the issues among themselves on which rate of interest is feasible in the absence of MTLR and revert back to Commission. Call on 26.11.2024.