Saurabh Bindal Appointed as Adjunct Professor of Law at Manipal University, Jaipur
EBC Author and Partner at Fox Mandal & Associates, Saurabh Bindal has been appointed as an Adjunct Professor of Law at Manipal
electricity law
Explained| Supreme Court’s verdict on importance of interpreting commercial contracts in line with the original intent of parties involved
Supreme Court said that a deviation from the plain terms of the contract is warranted only when it serves business efficacy better
CERC issues ‘Category IV’ licence to THDC India Ltd for inter-State trading in electricity in whole of India
In accordance with Regulation 3(3) of the Trading Licence Regulations, for a person applying for Category `IV`, a trading licence should have a net worth of Rs. 10 crore and should have maintained minimum current ratio and liquidity ratio of 1:1, as on date of audited balance sheet accompanying the application.
Supreme Court explains what qualifies as ‘Change in Law’; directs DISCOMS to compensate Power Generators for all additional charges levied by State instrumentalities
Supreme Court has requested the Union of India along with Ministry of Power to evolve a mechanism so as to ensure timely payment by the DISCOMS to the Generating Companies, which would avoid huge carrying cost to be passed over to the end consumers.