Supreme Court · 2006 INSC 550 · Decided 24 August 2006
Bihar State Financial CORPN. and ORS. v. MIS. Chemicot India PVT. LTD. and ORS.
- Court
- Supreme Court of India
- Citation
- 2006 INSC 550 · [2006] SUPP. 5 S.C.R. 312
- Case number
- CIVIL APPEAL No. 908/2000
- Decided
- 24 August 2006
- Bench
- S.B. SINHA, DALVEER BHANDARI (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Constitution Article 136, 226; Income Tax Act Section 230(A)
Headnote
Constitution of India, 1950: Articles 136 and 226-Statutory organization-Orders-Judicial review C of-State Financial Corporation-Entering into agreement with a small scale unit to disburse loan to it-Later, refusal to disburse the loan on the ground that the condition of producing DGTD of the Unit allowed by High Court-Held, Corporation being a statuto1y organization, ordinarily Court in its writ jurisdiction should D not interfere wirh a decision taken by Corporation, but doctrine of promissory estoppel would apply against Financial Corporation if a case is made out
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)