Promissory Estoppel: Last Hope for Fading Excise Exemptions?
Mondaq Business Briefing › Nbr. 2010, January 2010
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Promissory Estoppel: Last Hope for Fading Excise Exemptions?
"When one person has, by his declaration, act or omission, intentionally caused or permitted another person to believe a thing to be true and to act upon such belief, neither he nor his representative shall be allowed, in any suit or proceeding between himself and such person or his representative, to deny the truth of that thing." [Section 115, Indian Evidence Act]
'Promissory Estoppel', as an equitable principle, has been in vogue in judicial sys...See the full content of this document
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