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MAY 28 2015

Hyderabad court orders attachment of discom assets

  • Economic Times, ET Bureau / Hyderabad
  • Created: Thu 28th MAY 2015

A court in Hyderabad has ordered attachment of movable assets of state-run power transmission company, Transmission Corporation of Andhra Pradesh, for its failure to clear dues of an equipment supplier. 

The city civil court in Hyderabad ordered attachment of all furniture, fittings, fixtures and instruments installed at Transmission Corporation of Andhra Pradesh's headquarters at Vidyut Soudha in Hyderabad. The order came on a suit filed by Equipment Conductor & Cable Ltd, which said that the power transmission utility did not clear Rs 1.55 crore of dues despite a decree issued by the court in 2010.

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Andhra Pradesh Power

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