Promissory Estoppel not applicable to a policy decision with respect to additional license which is an incentive: SC

Chowgule & Company Limited Vs Assistant Director General of Foreign Trade (Supreme Court of India)

Conclusion: Hon’ble Supreme Court held that the doctrine of promissory estoppel shall not be applicable to a policy decision with respect to incentive, when it is well within the right of DGFT/appropriate authority/Union to come out with a new Exim Policy.

Facts: In present facts of the case, the appellant feeling aggrieved and dissatisfie

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