https://www.taxtmi.com/caselaws?id=105948 Suspension of the Children's Gift Growth Fund scheme was treated as consistent with the scheme terms because clause 33 reserved to the Trust the power to terminate the scheme on notice, and a suspension of future subscriptions fell within that broader power. The scheme's statutory character under the Unit Trust of India Act also meant promissory estoppel could not prevent suspension. Existing benefits already accruing to children under the brochure were unaffected, but refusal to accept further contributions was not a deficiency in service under the Consumer Protection Act. The complaints were therefore held not maintainable. en-us Tue, 11 Jan 2000 00:00:00 +0530 Mon, 18 Feb 2013 16:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105948 Suspension of the Children's Gift Growth Fund scheme was treated as consistent with the scheme terms because clause 33 reserved to the Trust the power to terminate the scheme on notice, and a suspension of future subscriptions fell within that broader power. The scheme's statutory character under the Unit Trust of India Act also meant promissory estoppel could not prevent suspension. Existing benefits already accruing to children under the brochure were unaffected, but refusal to accept further contributions was not a deficiency in service under the Consumer Protection Act. The complaints were therefore held not maintainable. Case-Laws Companies Law Tue, 11 Jan 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105948