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Special Courts for Trial and Disposal of Commercial Disputes, Andhra Pradesh
Case No : COS - 17/2024
Diary No : 3653706001912023
Power Mech Projects Limited VS M/s. Amaravati Constructions
Listing Date : 13/09/2024
Date 13/09/2024   Court No. 1
Proceedings Summery Judgment pronounced vide separate One in the Open Court: In the result, The suit is decreed with costs, directing the defendant Nos.1 to 3 jointly and severally to pay an amount of Rs.12,81,60,000/- (Rupees Twelve Crores Eighty One Lakhs Sixty Thousand Only) i.e., Principal Outstanding amount of Rs.6,67,50,000/- (Rupees Six Crores Sixty Seven Lakhs Fifty Thousand Only) and interest thereon of Rs.6,14,10,000/- (Rupees Six Crores Fourteen Lakhs and Ten Thousand Only) with interest @12% per annum from the date of institution of the suit till the date of decree and thereafter interest @6% per annum from the date of decree till the date of realization on the principal sum of Rs.6,67,50,000/- (Six Crores Sixty Seven Lakhs Fifty Thousand only) Stage Of Case For Judgment