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M/s. Rajureshwar & Associates Vs. State of Maharashtra [08/04/13]

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[Special Leave Petition (Civil) No.17688/2013 (CC 7200/2013)]. This special leave petition is directed against the order of the High Court of Judicature at Bombay, Bench at Aurangabad passed in Contempt Petition No. 175 of 2005 arising out of Writ Petition No.5219 of 2001, which was rejected as the learned Single Judge was of the view that the contempt petition related to a direction for payment of interest at the rate of 11% p.a. since there was a mistake in the calculation for the period in which the amount was temporarily invested in pursuance to the directions of the Supreme Court. It appears that the petitioner had filed a contempt petition in the High Court of Bombay alleging that the directions and order passed by this Court in Civil Appeal No. 8539 of 2002 whereby this Court had allowed interest to be claimed by the petitioner @ 11% since the sale of the property for which the petitioner was a bidder, had been wrongly cancelled with which this Court refused to interfere but maintained the order of refund amount along with 11% p.a. simple interest within a period of four months. The Petitioner felt aggrieved as the amount accruing towards 11% interest as per computation of the petitioner had not been deposited by the respondent State.

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