Judicial Dictionary



Title Agreement/policy
Details

In absence of any specific provision in the Agreement/policy guideline or under any law, the price cannot be changed by giving retrospective effect–
The Government/the Ministry cannot enhance the price of the goods violating the terms of the contract executed between BPC, the Ministry and the Writ Petitioner. However, according to the Agreement there is no legal bar for reformulating the price of petroleum products by the Government but in absence of any specific provision in the Agreement/policy guideline or under any law, the price cannot be changed by giving retrospective effect. It is to be noted that it is not disputed that the Government previously by Gazette Notification dated 10.01.2013 re-fixed the price of the petroleum products and the said Gazette Notification was given effect on the next date from the date of publication of the Gazette Notification.
Thus, considering the totality of the materials on record, we are of the view that the High Court Division legally decided that the price of petroleum products cannot be fixed/re-fixed by giving retrospective effect. ...Bangladesh Petroleum Corporation =VS= Petromax Refinery Ltd., (Civil), 2020 [9 LM (AD) 146] ....View Full Judgment