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    <title>2007 (11) TMI 400 - Supreme Court</title>
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    <description>A sanctioned rehabilitation scheme is binding on the sick industrial company and concerned authorities, and ambiguity in its implementation may be addressed by seeking clarification from the BIFR. The text explains that where clause 5.04 refers to writing off &quot;interest and damages&quot; in electricity dues, the inclusion of delayed payment surcharge must be tested against the scheme, the statutory rehabilitation framework, and the materials placed on record. If relevant correspondence or comparable treatment in another case is not fully examined, the proper course is remand for clarification and fresh consideration rather than final determination on an incomplete record.</description>
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    <pubDate>Fri, 16 Nov 2007 00:00:00 +0530</pubDate>
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      <title>2007 (11) TMI 400 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=111311</link>
      <description>A sanctioned rehabilitation scheme is binding on the sick industrial company and concerned authorities, and ambiguity in its implementation may be addressed by seeking clarification from the BIFR. The text explains that where clause 5.04 refers to writing off &quot;interest and damages&quot; in electricity dues, the inclusion of delayed payment surcharge must be tested against the scheme, the statutory rehabilitation framework, and the materials placed on record. If relevant correspondence or comparable treatment in another case is not fully examined, the proper course is remand for clarification and fresh consideration rather than final determination on an incomplete record.</description>
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      <pubDate>Fri, 16 Nov 2007 00:00:00 +0530</pubDate>
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