https://www.taxtmi.com/caselaws?id=374919 A statutory scheme conferring deemed authorisation on existing city gas network operators requires the regulator to assess applications under the authorising regulations in a holistic manner, treating the listed criteria as relevant considerations rather than isolated disqualifications. A rejection based only on limited physical and financial progress, without considering prior NOCs, investment already made, commencement of work, the press note, written submissions and hearing, is unsustainable. Withdrawal of NOCs and forfeiture of commitment fee likewise must account for the affected party's reply and the surrounding factual and equitable circumstances before adverse action is taken. en-us Tue, 29 Jan 2019 00:00:00 +0530 Wed, 13 Feb 2019 06:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374919 A statutory scheme conferring deemed authorisation on existing city gas network operators requires the regulator to assess applications under the authorising regulations in a holistic manner, treating the listed criteria as relevant considerations rather than isolated disqualifications. A rejection based only on limited physical and financial progress, without considering prior NOCs, investment already made, commencement of work, the press note, written submissions and hearing, is unsustainable. Withdrawal of NOCs and forfeiture of commitment fee likewise must account for the affected party's reply and the surrounding factual and equitable circumstances before adverse action is taken. Case-Laws Indian Laws Tue, 29 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374919