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    <title>2002 (4) TMI 924 - MADRAS HIGH COURT</title>
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    <description>The High Court held that the respondents did not have a vested right to claim the subsidy, and the Government&#039;s modification of the scheme was valid. The principle of promissory estoppel did not apply as there was no clear promise from the Government that induced the respondents to alter their position. The Court emphasized that the modification was in the public interest and set aside the Tribunal&#039;s orders, allowing the writ petitions.</description>
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      <title>2002 (4) TMI 924 - MADRAS HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=161488</link>
      <description>The High Court held that the respondents did not have a vested right to claim the subsidy, and the Government&#039;s modification of the scheme was valid. The principle of promissory estoppel did not apply as there was no clear promise from the Government that induced the respondents to alter their position. The Court emphasized that the modification was in the public interest and set aside the Tribunal&#039;s orders, allowing the writ petitions.</description>
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