High Court Quashes State's Withdrawal of Subsidy for Captive Power Plant, Citing Promissory Estoppel Doctrine.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Doctrine of Promissory Estoppel - Withdrawal of subsidy granted on account of change of opinion - definition of captive power plant - benefit of exemption of capital investment made in the captive power plant - the withdrawal of the benefit granted to the petitioner by the State level committee through its decision and the order of the State Appellate Forum is illegal and unjustified and is liable to be and is accordingly set aside/quashed with consequences to flow. - HC....