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august 2005

Supreme Court of India · 2005-08-24

U O I vs M/S.KRIMPEX SYNTHETICS LTD

Citation / case number
SC 1997/11458
Court
Supreme Court of India
Petitioner
U O I
Respondent
M/S.KRIMPEX SYNTHETICS LTD
Author
S.B. SINHA ASHOK BHAN
Bench
S.B. SINHA ASHOK BHAN

Judgment text excerpt

The Supreme Court addressed the validity of the Central Outright Grant or Subsidy Scheme, 1971, in the context of claims made by M/s Krimpex Synthetics Ltd. The Court held that the rejection of the subsidy claims based on the cut-off date of 30.9.1988 was not justified, directing the concerned industries to submit representations for their claims to the Ministry of Industry. The Court emphasized that the representations should be decided without reference to prior decisions, ensuring a fair evaluation under the 1971 Scheme.

U O I vs M/S.KRIMPEX SYNTHETICS LTD · Niyam