https://www.taxtmi.com/caselaws?id=173182 The Supreme Court affirmed the Gujarat High Court's decision, dismissing the petition challenging the State Government's decision to develop an International Financial Services City on a public-private partnership model. The courts found that the decision was taken transparently, in good faith, and in the public interest, with no evidence of arbitrariness or favoritism. Despite criticisms based on the CAG report, both courts emphasized that decisions made with good intentions should not be invalidated solely on hindsight. The petition was dismissed, upholding the State Government's policy decision as legitimate and beneficial for the State. en-us Fri, 22 Nov 2013 00:00:00 +0530 Fri, 23 Oct 2015 22:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=173182 The Supreme Court affirmed the Gujarat High Court's decision, dismissing the petition challenging the State Government's decision to develop an International Financial Services City on a public-private partnership model. The courts found that the decision was taken transparently, in good faith, and in the public interest, with no evidence of arbitrariness or favoritism. Despite criticisms based on the CAG report, both courts emphasized that decisions made with good intentions should not be invalidated solely on hindsight. The petition was dismissed, upholding the State Government's policy decision as legitimate and beneficial for the State. Case-Laws Indian Laws Fri, 22 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=173182