Supreme Court dismisses MSEDCL's SLP, upholding APTEL order for LXCHEM
Supreme Court dismissed MSEDCL's appeal, making APTEL's order on wheeling charges final for Laxmi Organic Industries Limited, resolving the long-standing litigation.
The resolution of the SLP in favor of Laxmi Organic Industries Limited provides legal certainty and avoids potential adverse financial outcomes related to wheeling charges and losses, thus having a medium positive impact.
The Supreme Court dismissed MSEDCL's SLP, making APTEL's favorable order final for Laxmi Organic Industries Limited, which resolves an ongoing dispute in the company's favor.
Laxmi Organic Industries Limited provided an update on the ongoing litigation against Maharashtra State Electricity Distribution Company Limited (MSEDCL): * The Hon’ble Supreme Court, via its order dated October 6, 2025, dismissed the Special Leave Petition (SLP) (61237 of 2024) filed by MSEDCL. * This SLP challenged the final order dated October 24, 2024, passed by the Appellate Tribunal for Electricity (APTEL) in Appeal Nos. 245 of 2018 and 376 of 2018. * The Supreme Court's order was received by the company on October 13, 2025. * Consequently, the SLP stands disposed of, and the APTEL order, pertaining to the issue of wheeling charges and losses, has attained finality.
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Laxmi Organic Industries Limited filed this with the NSE as a statutory disclosure, categorised under litigation updates. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Laxmi Organic Industries Limited. Read the original for the full detail.