Supreme Court Upholds High Court Decision: BOT Scheme Agreements Classified as Leases, Rejects Claims of Legitimate Expectation and Promissory Estoppel. In a landmark ruling, the Supreme Court affirms that Build, Operate & Transfer (BOT) agreements for toll collection fall under the definition of a lease, dismissing appeals challenging legislative amendments and executive assurances.
19 Jul 2024Petitions decided by the High Court of Madhya Pradesh, questioning whether a Build, Operate & Transfer (BOT) Scheme agreement, where the right to ...
