Supreme Court Allows State Appeal in Industrial Incentive Dispute — Concessional Electricity Rate Not Available to Existing Enterprises Undergoing Substantial Expansion Under Himachal Pradesh Industrial Policy, 2019. The Court held that Clause 16(a) of the Industrial Policy applies only to new enterprises, and the doctrine of promissory estoppel cannot be invoked to compel the State to provide incentives without an enabling notification....
The State of Himachal Pradesh and its departments appealed against the High Court's judgment that directed them to provide concessional electricity rates to M/s Kundlas Loh Udyog, an existing industri...
