New Delhi: The Supreme Court on Friday halted a CAG audit ordered by the Delhi government of three private discoms against the backdrop of a staggering Rs 38,500 crore accumulated over the years as Regulatory Assets (RA) to be recovered from consumers.
A partial working day bench of Justices KV Viswanathan and Shree Chandrashekhar ordered a status quo, saying the legality of the power regulator Delhi Electricity Regulatory Commission's (DERC) decision to appoint the CAG gives rise to questions for a judicial determination.