Limitation Act applies for claims under interest on delayed payment to Small Scale and Ancillary Industrial Undertaking Act

Transmission Corporation of Andhra Pradesh Limited Vs Sri Gowri Shankar Cable Industries (Telangana High Court) Telangana High Court held that law of limitation [Limitation Act, 1963] applies even for claims under the Interest on Delayed Payment to the Small Scale and Ancillary Industrial Undertakings Act, 1993. Accordingly, instant appeal stands partly allowed. Facts- The appellant had made certain purchases of AAA and ACSR Conductors from respondent No.1 somewhere in the year 1996. The entire demand as raised by the appellant was duly supplied by respondent No.1. However, after the supply wa...