Jaiprakash Associates had sought early hearing before the bench headed by chief justice Altamas Kabir. It said it had paid the first instalment of equal amount. The original bench of justices AK Patnaik and HL Gokhale, which admitted the matter earlier in November last year, had refused to grant stay of the damages of R100 crore ordered by the High Court.
Justice Patnaik had directed Jaiprakash Associates to deposit the damages in instalments as per the impugned order of the High Court. We, however, direct that the damages deposited by the petitioner (Jaiprakash Associates) will remain with the state and will not be disbursed during the pendency of the appeals.
The HC on May 4 last year had also directed the Jaypee Group company to dismantle its 60 MW captive power plant within three months, but had allowed its 1.75-MT cement plant in Solan to stay.