SNEHADEEP STRUCTURES PVT. LIMITEDversusMAHARASHTRA SMALL SCALE INDUSTRIES DEVELOPMENT CORPORATION LTD.
Case No.: CIVIL APPEAL No. 3856/2024
Decision Date: 05-03-2024
Disposal: Dismissed
Neutral Citation: 2024INSC201

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						 SNEHADEEP STRUCTURES PVT. LIMITED versus MAHARASHTRA SMALL SCALE INDUSTRIES DEVELOPMENT CORPORATION LTD. - [2024] 3 S.C.R. 4542024 INSC 201 SANJIV KHANNA, DIPANKAR DATTA Issue for Consideration High Court whether justified in setting aside the arbitral award and holding that Maharashtra Small Scale Industries Development Corporation Ltd. (MSSIDCL) cannot be said to be a buyer within the meaning of Interest on Delayed Payments Ancillary Industrial Undertakings Act, 1993 and therefore, the appellant (SSPL) was not entitled to claim interest under the 1993 Act against MSSIDCL; whether the proviso to s.3, 1993 Act would be applicable to the agreement in question entered into between the parties on 30.03.1995, albeit the 

Summary: Englishमराठी - Marathiनेपाली - Nepaliਪੰਜਾਬੀ - PunjabiDisclaimer 
						Judgments in  regional languages are also made available alongside the English version. The translations are being done with the help of various human agencies and software tools. 
						Reasonable efforts have been made to provide an accurate translation.
						 
						 Hindi Judgment as published in Ucchtam Nyayalya Nirnay Patrika are reproduced under approval of Vidhi Sahitya Prakashan, Department of legislative affairs, Govt. Of India. 
						 
						Supreme Court Registry will not responsible for incorrect or inaccurate translation and  for any error, omission or discrepancy in the content of translated text. 
						The translation of Judgements is provided for general information  and shall have no legal effect for compliance or enforcement.
						If any questions arise related to the accuracy of the information/statement contained in the translated judgment,  users are advised to verify from the original judgments and also to refer to correct position of law while referring to old judgments.Visitors to the site are requested to cross check the correctness of the information on this site with the authorities concerned or consult the relevant record. The information made available here is not meant for legal evidence. Neither the Courts concerned nor the National Informatics Centre (NIC) nor the e-Committee is responsible for any data inaccuracy or delay in the updation of the data on this website. We do not accept any responsibility or liability for any damage or loss arising from the direct/indirect use of the information provided on the site. However, we shall be obliged if errors/omissions are brought to our notice for carrying out the corrections.SNEHADEEP STRUCTURES PVT. LIMITEDversusMAHARASHTRA SMALL SCALE INDUSTRIES DEVELOPMENT CORPORATION LTD.-[2024] 3 S.C.R. 4542024 INSC 201Coram : SANJIV KHANNA, DIPANKAR DATTAIssue for Consideration High Court whether justified in setting aside the arbitral award and holding that Maharashtra Small Scale Industries Development Corporation Ltd. (MSSIDCL) cannot be said to be a buyer within the meaning of Interest on Delayed Payments Ancillary Industrial Undertakings Act, 1993 and therefore, the appellant (SSPL) was not entitled to claim interest under the 1993 Act against MSSIDCL; whether the proviso to s.3, 1993 Act would be applicable to the agreement in question entered into between the parties on 30.03.1995, albeit the