Supreme Court of India

N. Parthasarathy Etc. v. Controller of Capital Issues and Another Etc.

Neutral citation
Reported as [1991] 2 S.C.R. 329
Bench B.C. Ray J.
Decided 16 April 1991

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

1 Supreme Court bench has cited this judgment.

What the Court ordered

For the reasons aforesaid I dismiss all these Transferred Cases.

Judgment, page 37

From the headnote

Constitution of India, 1950: Articles 14, 39(b) and (c) and 298--­ Shares of public company held by State Instrumentalities-Sale of­ Public interest-Chance of creating business monopoly in private hands-Due consideration to ensure public interest-Need for. Articles 32 and 226---Public Interest Litigation-Petition against grant of consent by Controller of Capital Issues-Alleged violation of Articles 14, 39(b) and ( c )-Maintainability of. Capital Issues (Control) Act, 1947: Section 3-Issue of deben­ tures-Consent of Controller of Capital issues-Whether given after due consideration and

Where later benches applied it

Of those, 1 referred to

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