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    <title>2001 (9) TMI 1150 - Supreme Court</title>
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    <description>A toll collection franchise governed by the National Highways Act, NHAI Act and 1997 Rules could not be extended for 30 years through an uncommunicated memorandum or without concurrence of the competent Central authority. The proposed memorandum was only a subject-to-approval arrangement and no amended agreement was executed, so no enforceable extended contractual right arose for the contractor. Injunction and receivership were also unwarranted because they rested on that inoperative memorandum, ignored the expiry of the original contract and the contractor&#039;s defaults, and would have obstructed statutory toll collection arranged for the benefit of public revenue.</description>
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    <pubDate>Mon, 03 Sep 2001 00:00:00 +0530</pubDate>
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      <title>2001 (9) TMI 1150 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=189949</link>
      <description>A toll collection franchise governed by the National Highways Act, NHAI Act and 1997 Rules could not be extended for 30 years through an uncommunicated memorandum or without concurrence of the competent Central authority. The proposed memorandum was only a subject-to-approval arrangement and no amended agreement was executed, so no enforceable extended contractual right arose for the contractor. Injunction and receivership were also unwarranted because they rested on that inoperative memorandum, ignored the expiry of the original contract and the contractor&#039;s defaults, and would have obstructed statutory toll collection arranged for the benefit of public revenue.</description>
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      <pubDate>Mon, 03 Sep 2001 00:00:00 +0530</pubDate>
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