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1996 (11) TMI 404 - SUPREME COURTApplication for eligibility certificate rejected - Held that:- Appeal allowed. Apart from this bald assertion, there is no material produced by the respondents at any stage to support their claim that the price is not the real price. Moreover, the margin between the total amount of investment in the present case and the permissible limit of Rs. 20 lakhs specified in rule 3(66) is considerable, so that a bare assertion of this kind is alone not sufficient to reject the appellant’s claim. The appellant was, therefore, entitled to grant of the eligibility certificate as claimed by it.
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