gayatri projects limited - Edelweiss

GAYATRI PROJECTS LIMITEDCourt directed the Petitioner to deposit half of the Award amount within a period of six weeks from the date of the order i.e.20-12-2005. However, M/s.Rashtriya Ispat Nigam Limited failed and ignored to comply the interim order. The Company isnow pursuing the Execution Petition pending before the trial Court.State of Andhra Pradesh vs.Gayatri Engineering Co.( CRP 2631/2000) at High Court of A.P.,HyderabadThe Company executed the works at Yeluru Left Main Canal which commenced in Jan. 1987 and completed the same byApril 1990 except for a small quantity of 2000 cum of excavation of hard rock. However, on 5th May 1990 there was acyclone. Because of the said cyclonic storm the water inundated the canal under construction and caused huge damage.The same was intimated to the Employer. The Employer recognized the damage and agreed to pay @ Rs.5/- per hour fordewatering and Rs.90/- for desilting. After assurance of the Employer the company executed the works. However, the Employerrefused to pay the bills as per the above said agreed prices. Consequently, the company submitted the claims to SuperintendingEngineer (SE) which were rejected by the Employer. As a result of which the company referred the disputes to the arbitration.The arbitrator passed the Award in favour of the company. The same was confirmed by the Additional Senior Civil Judge,Visakhapatnam. The State of A.P. challenged the Decree in the present Civil Revision Petition challenging the Award ofRs.6.68 lakhs. The matter is pending for final Arguments.State of Andhra Pradesh vs. Gayatri Engineering Co.. (CRP 2630/2000) at High Court of A.P., HyderabadThe Company executed the works at Yeluru Left Main Canal which commenced in Jan. 1987 and the completed the sameby April 1990 except for a small quantity of 2000 cum of excavation of hard rock. However, on 5th May 1990 there was acyclone. Because of the said cyclonic storm the water inundated the canal under construction and caused huge damage.The same was intimated to the Employer. The Employer recognized the damage and agreed to pay @ Rs.5/- per hour fordewatering and Rs.90/- for desilting. After assurance of the Employer the company executed the works. However, the Employerrefused to pay the bills as per the above said agreed prices. Consequently, the company submitted the claims to SuperintendingEngineer (SE) which were rejected by the Employer. As a result of which the company referred the disputes to the arbitration.The arbitrator passed the Award in favour of the company. The same was confirmed by the Additional Senior Civil Judge,Visakhapatnam. The State of A.P. challenged the Decree in the present Civil Revision Petition challenging the Award ofRs.131.62 lakhs. The matter is pending for final Arguments.State of Andhra Pradesh vs. Gayatri Engineering Co.. (CRP 2623/2000) at High Court of A.P., HyderabadThe Company executed the works at Yeluru Left Main Canal which commenced in Jan. 1987 and the completed the sameby April 1990 except for a small quantity of 2000 cum of excavation of hard rock. However, on 5th May 1990 there was acyclone. Because of the said cyclonic storm the water inundated the canal under construction and caused huge damage.The same was intimated to the Employer. The Employer recognized the damage and agreed to pay @ Rs.5/- per hour fordewatering and Rs.90/- for desilting. After assurance of the Employer the company executed the works. However, the Employerrefused to pay the bills as per the above said agreed prices. Consequently, the company submitted the claims to SuperintendingEngineer (SE) which were rejected by the Employer. As a result of which the company referred the disputes to the arbitration.The arbitrator passed the Award in favour of the company. The same was confirmed by the Additional Senior Civil Judge,Visakhapatnam. The State of A.P. challenged the Decree in the present Civil Revision Petition challenging the Award ofRs.6.30 lakhs. The matter is pending for final Arguments.Govt. of Andhra Pradesh vs. Gayatri Engineering Co.(CMA1773/2000against,O.P.NO.108/1992) at High Court of A.P.,HyderabadThe Company executed the works at Yeluru Left Main Canal which commenced in Jan. 1987 and the completed the sameby April 1990 except for a small quantity of 2000 cum of excavation of hard rock. However, on 5th May 1990 there was acyclone. Because of the said cyclonic storm the water inundated the canal under construction and caused huge damage.The same was intimated to the Employer. The Employer recognized the damage and agreed to pay @ Rs.5/- per hour fordewatering and Rs.90/- for desilting. After assurance of the Employer the company executed the works. However, the Employerrefused to pay the bills as per the above said agreed prices. Consequently, the company submitted the claims to SE whichwere rejected by the Employer. As a result of which the company referred the disputes to the arbitration. The arbitratorpassed the Award in favour of the company. The same was confirmed by the Additional Senior Civil Judge, Visakhapatnam.The State of A.P. challenged the Decree by prefering this Appeal. The matter is pending for final Arguments.152