Hyderabad, Feb. 17 -- GITAM University in Hyderabad has received interim relief from the Supreme Court in a dispute over alleged electricity dues of Rs 108 crore owed to the Telangana Southern Power Distribution Company Limited (TGSPDCL) by its associate entity, VBC Ferro Alloys.

SC instructs Rs 15 cr deposit from GITAM within 4 weeks

Modifying the Telangana High Court's January 22 order directing payment of Rs 54 crore, the Supreme Court on Monday instructed that Rs 15 crore be deposited within four weeks in response to the demand notice issued by TGSPDCL.

The apex court said this arrangement would remain in force until the High Court's single-judge bench delivers a final ruling on the nature of the relationship between GITAM and VBC ...