HC: Directs Corporation to release entire payment for work along with interest where completion certificate stands issued
Punjab and Haryana HC disposes writ directing the Respondent-Corporation to release the entire payment for the work along with interest at 18% which is due after completion of the entire work; Observes that, bills were released where GST challan forms were filed while the payment was not released as petitioner had not submitted the GST bills; Directs the Corporation to pay interest at a rate of 6.5% per annum on the delayed payment from the date of issuance of the completion ...