Dear friends,
A supplier has filed a claim under "interest on Delayed payments to small scale and Ancillary Industrial Undertakings Act 1993 (Act o12 of 1993) before the commisioner of industries, Hyd.
by this reference he is claiming the amounts by mixing two catogories "towards interest on delayed payments" and disputing the amount already paid by us.
in these circumstances, i would like to have the opinion of our expert friends here whether or not ..." the arbitrator under this Act can only decide the matter with interest on delayed payments but not the disputed payments"
if this stand is correct, can anyone of our freinds here provide any judgments supporting the stand
will be very thankful for support
regards.
