Counsel for the MSEB, Atul Rajadhyaksha, made the submissions following a civil application made by petitioner Digvijay Khanwilkar whose public interest litigation against MSEB's Rs 189 crore contract to PPPIL led to the high court ordering a CBI enquiry into the deal. In his civil application, Khanwilkar had claimed that though the contract with PPPIL had been scrapped in January 1999, the advance given to the company had not been obtained back by the MSEB.

At the court of Chief Justice Y K Sabharwal, Rajadhyaksha said that MSEB has received Rs 6.66 crore from PPPIL along with the interest charged at 17.06 per cent.