No Promissory estoppel against State altering/modifying the benefit of concessional tariff: Supreme Court [Read Judgment]
Ashok KM
30 Jan 2016 10:08 AM IST
![No Promissory estoppel against State altering/modifying the benefit of concessional tariff: Supreme Court [Read Judgment] No Promissory estoppel against State altering/modifying the benefit of concessional tariff: Supreme Court [Read Judgment]](https://www.livelaw.in/cms/wp-content/uploads/2015/10/Supreme-Court-of-India-min.jpg)
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30 Jan 2016 10:08 AM IST
Supreme Court on Friday, has held that State would not be estopped from altering/modifying the benefit of concessional tariff. Three Judge Bench of Apex Court comprising of Justices Ranjan Gogoi, Arun Mishra and Prafulla C. Pant made this observation in M/s. Kothari Industrial Corporation Ltd. vs. Tamil Nadu Electricity Board. The Appeal was against the Order of High Court which had...
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