2009 (12) TMI 577

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....e Respondent. [Order]. - The Court : Let four affidavits-of-service filed in court today be kept with the records. 2. In the writ petition, H.V. Axles Ltd., a company incorporated under the provisions of the Companies Act, 1956 and stated to be 100% subsidiary holding company of M/s. Tata Motors Ltd. is petitioner No. 1 and Manager (Finance) of the petitioner No. 1 is petitioner No. 2. ....

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....e merit of the miscellaneous application had held that there was no manifest error in the order dated 15th June, 2009 and had dismissed the miscellaneous application. 6. Learned counsel for the petitioner has submitted that since the cost of production does not include the interest expenditure which is supported by the standards maintained by the Institute of Cost Works and Accountants of I....

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....g its mistake, the Tribunal while passing the order dated 9th October, 2009 should have considered the issue in the said perspective. 7. Perused the order dated 9th October, 2009 passed by the Tribunal. It is evident that the Tribunal before holding that there was no manifest error in the stay order did not go into the merits of the miscellaneous application. In my view, the Tribunal should....