HON'BLE SRI ANIL R. DAVE, THE CHIEF JUSTICE and HON'BLE SRI JUSTICE C.V. NAGARJUNA REDDY Dated: 04-02-2010 WRIT APPEAL No. 1263 OF 2009 Between: The Superintending Engineer, Operation Circle, Eastern Power Distribution Company of A.P. Ltd., Vizianagaram and two others ... APPELLANTS AND M/s. Jindal Strips Ltd., (Ferro Alloys Division), Visakhapatnam, formerly known as M/s. Jindal Ferro Alloy Ltd., and earlier M/s. Ridhi Sidhi Ferro Alloys Ltd., rep., by its General Manager Mr. Seetaram Agarwal and three others ... RESPONDENTS HON’BLE THE CHIEF JUSTICE, SRI ANIL R. DAVE AND HON’BLE SRI JUSTICE C.V. NAGARJUNA REDDY WRIT APPEAL No. 1263 OF 2009 JUDGMENT: (per Sri C.V. Nagarjuna Reddy, J) This writ appeal is filed against order dated 13-03-2007 in Writ Petition No. 11429 of 1997, to the extent that the learned single Judge directed refund of the money due to respondent No.1 with interest at the rate of 18% per annum. We have adjourned this writ appeal more than once to enable the parties to arrive at an agreed rate of interest. Today, Sri O. Manohar Reddy, learned Standing Counsel for the appellants, on instructions, submitted that the appellants are willing to pay interest at the rate of 9% per annum. Sri A. Veera Swamy, learned counsel representing respondent No.1 fairly agreed for this offer made by the learned Standing Counsel. In view of the consensus reached by the parties through their counsel, the order under appeal is modified by substituting the rate of interest with 9% per annum instead of 18% per annum, as directed by the learned single Judge. The rest of the order of the learned single Judge stands affirmed. The writ appeal is accordingly disposed of. ANIL R. DAVE, CJ C.V. NAGARJUNA REDDY, J 04-02-2010 ks