Union Of India vs M/S Krimpex Synthetics Ltd

The Supreme Court addressed the appeals concerning the Central Outright Grant or Subsidy Scheme, 1971, which aimed to promote industrial growth in less developed areas. The Court held that the claims for Central Investment Subsidy must be reconsidered by the Ministry of Industry, directing the industries to submit representations without regard to prior decisions. The Court stayed the operation of the High Court's judgment pending the outcome of these representations, emphasizing the need for a reasoned decision based on the 1971 Scheme.