1985 (4) TMI 190

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..... . Rege with Mr. J.P. Devdhar, for the Respondents. [Oral Judgment].  - The petitioners are manufacturers and exporters of cotton ready made garments including T-Shirts, Children's clothing, Industrial Garments etc. 2. By a circular No. STT-36(1)/1620/78 issued by the Indian Cotton Mills Federation (respondent No. 2) on behalf of the first respondent - Union of India the 1st respondent anno .....

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..... 8, 78249, 78345, 78241, 78239, 78173, 78233, 78240 and 78242. Persuant to these contracts the goods were exported in the months of January and Feburary 1979. Thereafter the petitioners submitted to the second respondents their applications for cash assistance incentives under the said scheme in respect of the exports so effected. The petitioners however, have been denied the cash incentives prescr .....

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..... ey had charged lower prices on the footing that they would be given cash incentive on the exports so effected by them under the scheme. In these circumstances for contracts which were concluded prior to the withdrawal of the scheme the petitioners were entitled to the benefit of the scheme and the respondents who had held out a promise under the scheme were estopped from denying such benefits to t .....

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..... e also the petitioners have averred that the contracts in question were entered into by the petitioners at a low price having regard to the stiff competition in the market abroad. The petitioners had agreed to such low price in view of the cash assistance promised by the Government of India under the said export promotion scheme. In these circumstances the petitioners are entitled for the reasons .....

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..... espondent No. 1 shall grant cash compensatory support. Such examination to be made and cash assistance to be granted within a period of 6 months from today. The 2nd respondents have merely acted on behalf of the 1st respondent. The petition is therefore dismissed as against the 2nd respondent. The 1st respondent will pay to the petitioners costs of the petition.
Case laws, Decisions, Judgeme .....

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