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2003 (9) TMI 549

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..... rata payment is possible, either to the Power Grid Corporation or Shree Cement Ltd. from out of the funds available with the Custodian on account of Fair Growth Financial Services Ltd., a notified company. If so, the amount so available to be paid to either of the parties named above, be made known to this Court on the next date of hearing. - I.A. NOS. 4 & 5 IN CIVIL APPEAL NO. 14420 OF 1996 WITH .....

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..... er Article 142 of the Constitution of India, and praying for certain orders and directions against the National Power Transmission Corporation Ltd., now Power Grid Corporation. 3. Transferred Case No. 54 of 2003 is in Company appeal filed by National Power Transmission Corporation Ltd. before the High Court of Delhi which appeal by virtue of an order made by us on 26-8-2003 stood transferred t .....

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..... disposed of C.A. No. 14420 of 1996 also involve some common questions which may arise for consideration before the Board in the said company petition, we think it appropriate that the Board should first dispose of that petition before we take up said IAs. 4 and 5 for consideration and disposal. Bearing in mind the fact that we are keeping the said applications pending in this Court as also the fac .....

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..... ilable to the parties concerned and appropriate decisions would have been taken by the said parties in the light of the discussions that have taken place in the course of the arguments in these cases in Court. 6. With a view to expedite payments of the legitimate claims of the parties, we direct the Custodian who is represented by his counsel Mr. A. Subba Rao in these proceedings, to find out .....

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