What are the elements required to find an estoppel?

83. The elements required to find an estoppel are as well established as the relevant interpretative principles reviewed above. The seminal statement of the law is found in Combe v. Combe, [1951] 1 All E.R. 767 (Eng. CA) where Denning L.J. held (at p. 770): The principle, as I understand it, is that where one party has, by his words or conduct, made to the other a promise or assurance which was intended to effect the legal relations between them and to be acted on accordingly, then, once the other party has taken him at his word and acted on it, the one who gave the promise or assurance cannot afterwards be allowed to revert to the previous legal relations as if no such promise or assurance had been made by him, but he must accept their legal relations subject to the qualification which he himself so introduced, even though it is not supported in point of law by any consideration, only his word.