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TMI Blog2017 (11) TMI 2052X X X X Extracts X X X X X X X X Extracts X X X X ..... bsidy/Investment Incentive - Petitioner(s) has submitted that the petitioner(s) in all writ petitions are closed units but they are eligible for grant of subsidy - HELD THAT:- The capital subsidy/Investment Incentive of Rs.50 lacs was sanctioned to the petitioner as far as back on 31.3.1997 on 18.3.1999. Since then the petitioner is waiting for the release of the capital subsidy/Investment Incenti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the petitioner(s), within a period of two months from the date of receipt of certified copy of this order. - HON'BLE MR. JUSTICE RAKESH KUMAR JAIN Mr. Gagneshwar Walia, Advocate for the petitioner. Mr. Abhaypal Singh Gill, AAG, Punjab. ORDER RAKESH KUMAR JAIN, J (ORAL) This order shall dispose of aforesaid four writ petitions as the issue involved in them is common pertaining to the release ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d units in the State of Punjab. It is also averred that the claim of the petitioner(s) shall be considered for subsidy after finalization of the Guidelines which may take six months. It is also averred that the subsidy has been released to the Units, which are even junior to the petitioners but only because of the orders passed by this Court. I have heard learned counsel for the parties and peruse ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r.No.230 and therefore the petitioner(s) are entitled and eligible to get the subsidy. Thus, keeping in view the aforesaid facts and circumstances the present petitions are allowed and a direction is issued to the respondents to release/grant the capital subsidy/Investment Incentive, as claimed by the petitioner(s), within a period of two months from the date of receipt of certified copy of this o ..... X X X X Extracts X X X X X X X X Extracts X X X X
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