Supreme Court of India · 2020-12-01
THE STATE OF JHARKHAND vs BRAHMPUTRA METALLICS LIMITED
- Citation / case number
- SC 2020/17227
- Court
- Supreme Court of India
- Petitioner
- THE STATE OF JHARKHAND
- Respondent
- BRAHMPUTRA METALLICS LIMITED
- Author
- HON'BLE THE CHIEF JUSTICE
- Bench
- HON'BLE THE CHIEF JUSTICE, HON'BLE MS. JUSTICE INDU MALHOTRA, HON'BLE MS. JUSTICE INDIRA BANERJEE
Judgment text excerpt
The Supreme Court upheld the High Court's decision that the State of Jharkhand breached its commitments under the Industrial Policy 2012 by denying a rebate on electricity duty to Brahmputra Metallics Ltd. The court emphasized the principles of promissory estoppel and legitimate expectations, ruling that the exemption should be applied retroactively from April 1, 2011. The judgment reinforces the obligation of the state to honor its policy commitments to promote industrial growth.