The Supreme Court on Thursday restrained the Punjab Government from taking any coercive action against GVK Power for two weeks.
The order came from a Bench led by Chief Justice of India NV Ramana on a petition filed by GVK Power challenging the decision of the Punjab State Power Corporation Ltd to terminate the power purchase agreement with it.
Asking GVK Power to approach the Punjab and Haryana High Court, the top court disposed of the matter.
On behalf of the petitioner, senior advocate Maninder Singh submitted that authorities were acting in a high-handed manner against the company despite knowing that the matter was listed before the Supreme Court.