The Supreme Court has finally dismissed eight Special leave Petitions (SlP) filed by the State Government against the laxmipathi Balaji Sugar and Distilleries Private limited on issues, including disputes over one time settlement (OTS), electricity arrear and command area of the industry, said company’s deputy general manager Suresh Chandra Samal on Sunday.
Addressing the Press, Samal said the eight SlPs filed by the State on July 1 last in the apex court were dismissed by a division bench comprising Justice RM lodha and Justice Sudhanshu Jyoti Mukhopadhay and upheld the Odisha High Court’s order giving interim security to the sugar mill.
Sources said the company earlier was known as Badamba Cooperative Sugar Industries limited. When laxmipathi Balaji Sugar and Distilleries Private limited purchased it from the State Government through an agreement, it was asked to settle all the outstanding dues in the mode of an OTS on January 24, 2011.
As a result, the company had paid Rs 9, 51, 33,678 through bank draft. However, the State Government sought to cancel the sale agreement raising objections on certain issues and issued a show cause to the company, which had prompted the new proprietor to move court for justice.
Accordingly, the laxmipathi Balaji Sugar moved to the Odisha High Court and after adjudicating over the matter, the HC had given an interim order asking the State Government not to hand over the mill to any third party. later, the State Government along with Kalinga Krushak Samaj filed eight SlPs on various disputed areas at the apex court.