Case Law Analysis
|Calcutta High Court
Promissory Estoppel Yields to Public Interest | Calcutta HC Upholds Fly Ash Auction Revenue Over Contractual Discount Obligations : Calcutta HC
Calcutta High Court rules that promissory estoppel cannot bind the state when public interest-such as maximizing revenue from fly ash auctions-demands otherwise. The judgment clarifies that contractual obligations to supply fly ash at discounted rates must yield to broader fiscal and environmental equity considerations, setting a precedent for state contracts involving hazardous by-products.