SC Rejected Capital Subsidy Claim Due to Prior Exhaustion of Incentive Limits

IFGL Refractories Ltd. Vs Orissa State Financial Corporation & Ors. (Supreme Court of India)

MM Plant Qualifies as a New Industrial Unit: Subsidy Once Sanctioned Cannot Be Denied on Subsequent Executive Instructions or Prior Policy Limits

The Supreme Court held that the MM Plant unit set up by Indo Flogates qualified as a “new industrial unit” under the Industrial Policy of 1989, as its Please become a Premium member. If you are already a Premium member, login here to access the full content.