State Of Bihar & Ors vs Kalyanpur Cements Ltd

The Supreme Court upheld the High Court's decision to grant a writ of mandamus to M/s. Kalyanpur Cement Ltd. directing the State of Bihar to issue a Sales Tax exemption notification under Clause 24 of the Industrial Policy, 1995. The Court emphasized that the delay in issuing the notification, despite assurances from the government, constituted a failure to fulfill statutory obligations. The Court ruled that the Company was entitled to the exemption to facilitate its restructuring and rehabilitation as a sick unit under the BIFR.