https://www.taxtmi.com/caselaws?id=459626 A High Court article on levy sugar pricing explains that a party cannot retain a monetary advantage obtained solely under interim protection once the writ proceedings end against it; the Court said its inherent jurisdiction could order restitution to restore the position created by its own interim orders. It also clarified that amounts recovered above the controlled price under a now-inoperative interim order fell within the statutory definition of "excess realisation" under the Levy-Sugar Price Equalisation Fund Act, so the producer had to credit those sums to the Fund with interest. The Court rejected the argument that the interim order had to be formally set aside before restitution or statutory recovery could follow. en-us Fri, 02 May 1980 00:00:00 +0530 Fri, 20 Dec 2024 11:16:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459626 A High Court article on levy sugar pricing explains that a party cannot retain a monetary advantage obtained solely under interim protection once the writ proceedings end against it; the Court said its inherent jurisdiction could order restitution to restore the position created by its own interim orders. It also clarified that amounts recovered above the controlled price under a now-inoperative interim order fell within the statutory definition of "excess realisation" under the Levy-Sugar Price Equalisation Fund Act, so the producer had to credit those sums to the Fund with interest. The Court rejected the argument that the interim order had to be formally set aside before restitution or statutory recovery could follow. Case-Laws Indian Laws Fri, 02 May 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459626