PUNJAB STATE ELECTRICITY BOARD Vs. POWERGRID CORPORATION OF INDIA
SUPREME COURT OF INDIA
PUNJAB STATE ELECTRICITY BOARD
Powergrid Corporation Of India
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(1.) Despite the very persuasive submissions advanced by Mr. Pradeep Mishra, learned counsel appearing for the appellant, we find it difficult to appreciate the submissions.
(2.) What has been done by the respondents is only to correct an obvious error that has crept in while applying the norms in the matter of depreciation on equities.
(3.) That there is no depreciation on equity, cannot be disputed. In the subsequent years, it is seen that the mistake has been corrected also.;
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