Snehadeep Structures Pvt. Ltd. vs Maharashtra Small Scale Industries ...
Judges (2)
Case Significance
Snehadeep Structures Pvt. Ltd. vs Maharashtra Small Scale Industries ... is a Supreme Court of India decision dated March 5, 2024 (citation: insc-2024-201). Snehadeep Structures (a small-scale contractor) claimed interest under the Interest on Delayed Payments to Small Scale and Ancillary Industrial Undertakings Act, 1993 for delayed payments on a subcontract with MSSIDCL for work executed for MSEB. The Supreme Court dismissed the appeal, holding that SSPL's contractual relationship and privity of contract was with MSSIDCL (not MSEB), so MSEB could not be treated as a 'buyer' for the purpose of claiming interest under the 1993 Act. The bench comprised Justices Dipankar Datta and Sanjiv Khanna. The judgment was delivered by Justice Sanjiv Khanna.
Summary
Snehadeep Structures (a small-scale contractor) claimed interest under the Interest on Delayed Payments to Small Scale and Ancillary Industrial Undertakings Act, 1993 for delayed payments on a subcontract with MSSIDCL for work executed for MSEB. The Supreme Court dismissed the appeal, holding that SSPL's contractual relationship and privity of contract was with MSSIDCL (not MSEB), so MSEB could not be treated as a 'buyer' for the purpose of claiming interest under the 1993 Act.
What was the outcome of Snehadeep Structures Pvt. Ltd. vs Maharashtra Small Scale Industries ...?
Snehadeep Structures (a small-scale contractor) claimed interest under the Interest on Delayed Payments to Small Scale and Ancillary Industrial Undertakings Act, 1993 for delayed payments on a subcont...
Judgment
Read the full judgment on the official India Courts portal.
Read on Indian KanoonSource: Indian Kanoon (insc-2024-201)