https://www.taxtmi.com/caselaws?id=198957 The Supreme Court dismissed the appeal, ruling that the decision of the Port Trust to cancel the tender process was valid and not arbitrary. The Court held that the doctrine of promissory estoppel did not apply as the appellant did not suffer any detriment, and there was no concluded contract between the parties. Emphasizing public interest, the Court highlighted the State's right to seek higher prices for public assets through a transparent process. en-us Mon, 21 Apr 2014 00:00:00 +0530 Thu, 15 Feb 2018 09:46:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198957 The Supreme Court dismissed the appeal, ruling that the decision of the Port Trust to cancel the tender process was valid and not arbitrary. The Court held that the doctrine of promissory estoppel did not apply as the appellant did not suffer any detriment, and there was no concluded contract between the parties. Emphasizing public interest, the Court highlighted the State's right to seek higher prices for public assets through a transparent process. Case-Laws Indian Laws Mon, 21 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198957