https://www.taxtmi.com/caselaws?id=106761 A public authority cannot refuse closure of a National Savings Scheme account and release of the balance with interest after the depositor has acted on the scheme's assurance and altered position to her detriment. The Gujarat High Court applied promissory and equitable estoppel, holding that a hypertechnical refusal to honour the promised benefit was arbitrary and unreasonable and offended Article 14. The impugned communications were quashed, and the petitioner was entitled to closure of the account and payment of the amount with interest. en-us Thu, 09 Aug 2001 00:00:00 +0530 Thu, 15 Mar 2012 15:44:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106761 A public authority cannot refuse closure of a National Savings Scheme account and release of the balance with interest after the depositor has acted on the scheme's assurance and altered position to her detriment. The Gujarat High Court applied promissory and equitable estoppel, holding that a hypertechnical refusal to honour the promised benefit was arbitrary and unreasonable and offended Article 14. The impugned communications were quashed, and the petitioner was entitled to closure of the account and payment of the amount with interest. Case-Laws Companies Law Thu, 09 Aug 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106761