https://www.taxtmi.com/caselaws?id=193754 The appeal was allowed, and the letter of rejection dated 16th June, 2001, was quashed. The respondent was directed to pay Rs. 19,60,728/- with simple interest @ 8% per annum from 1st August, 2001, until payment is made. The court emphasized that the respondent could not unilaterally impose fresh conditions not mentioned in the brochure and that the decision-making process was flawed. en-us Mon, 02 May 2011 00:00:00 +0530 Fri, 18 Aug 2017 10:07:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193754 The appeal was allowed, and the letter of rejection dated 16th June, 2001, was quashed. The respondent was directed to pay Rs. 19,60,728/- with simple interest @ 8% per annum from 1st August, 2001, until payment is made. The court emphasized that the respondent could not unilaterally impose fresh conditions not mentioned in the brochure and that the decision-making process was flawed. Case-Laws Companies Law Mon, 02 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193754