https://www.taxtmi.com/caselaws?id=163808 The rehabilitation scheme was examined against the consent-based limits in the Sick Industrial Companies (Special Provisions) Act, 1985. A scheme providing financial assistance and concessions could operate only within section 19(1) read with section 19(3), and in the absence of State consent the Board was confined to the measures permitted by section 18(4). The State's objections to the proposed concessions were not considered, so the scheme was found arbitrary and beyond statutory power. Section 32's non obstante clause could not cure those limitations or validate an unsustainable exercise of authority, and the appellate order was also set aside. en-us Tue, 25 Nov 2008 00:00:00 +0530 Mon, 24 Nov 2014 17:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=163808 The rehabilitation scheme was examined against the consent-based limits in the Sick Industrial Companies (Special Provisions) Act, 1985. A scheme providing financial assistance and concessions could operate only within section 19(1) read with section 19(3), and in the absence of State consent the Board was confined to the measures permitted by section 18(4). The State's objections to the proposed concessions were not considered, so the scheme was found arbitrary and beyond statutory power. Section 32's non obstante clause could not cure those limitations or validate an unsustainable exercise of authority, and the appellate order was also set aside. Case-Laws VAT and Sales Tax Tue, 25 Nov 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=163808