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Showing posts with label
for 5 years
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Showing posts with label
for 5 years
.
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Friday, February 7, 2014
Electricity Act - Promissory estoppel - Kerala state Govt. Policy to supply uninterrupted electricity for new industry units if established in Kerala, for 5 years and along other benefits - failure to supply of electricity due to reason beyond control - another policy to extend the benefits for further 5 years but not implemented - High court dismissed the writ petition - Apex court held that Govt. is liable to compensate the Industry units established under policy as the units are established on sheer promise and policy of the Govt. - now the Govt. can not go back from it's promise - Apex court set aside the orders of High court = M/s S.V.A. Steel Re-rolling Mills Ltd. etc. etc. .....Appellants. Versus State of Kerala & Ors. etc. etc. …..Respondents. = 2014 (Feb. Part) judis.nic.in/supremecourt/filename=41204
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Electricity Act - Promissory estoppel - Kerala state Govt. Policy to supply uninterrupted electricity for new industry units if establis...
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