Supreme Court of India
M/s. P.G.F. Limited & Ors. v. Union of India & Another
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.
2 Supreme Court benches have cited this judgment.
What the Court ordered
We are of the view that even while dismissing the Civil Appeal, the PGF Limited should be mulcted with the exemplary costs.
Judgment, page 52
From the headnote
Securities and Exchange Board of India Act, 1992. ss. 11 AA - Constitutional validity of - Held: The provision is constitutionally valid - It does not intrude into the specific activities of sale of agricultural land and development - The provision cannot be struck down on the ground of legislative o competence, being in conflict with Entry 18 of List /I of Seventh Schedule of the Constitution - Constitution of India, 1950 - Schedule V/I, List /I, Entry 18. s.2(ba) and 11AA(2) - Collective Investment Scheme - Whether covers appellant-Company's business activity of sale and development of
Authorities it was built on
- 1977 Mohinder Singh Gill & Anr. v. The Chief Election Commissioner, New Delhi & Ors.
- 1994 Kartar Singh v. State of Punjab
- 1951 Commissioner of Police, Bombay v. Gordhandas Bhanji
- 2004 E. V. Chinnaiah v. State of Andhra Pradesh and Ors.
- 1971 Union of India v. H. S. Dhillon
- 1982 S.P. Mittal Etc. Etc. v. Union of India and Others
- 1997 Naga People's Movement of Human Rights Etc. v. Union of India
- 1983 Delhi Cloth and General Mills Etc. v. Union of India Etc.
- 2012 M/s New Horizon Sugar Mills Ltd. v. Govt. of Pondicherry Th. Addl. Sec. & Anr.
- 1989 Narendra Kumar Maheshwari v. Union of India & Ors.
Where later benches applied it
- 2022 The State of Maharashtra v. 63 Moons Technologies Ltd.
- 2021 Prakash Gupta v. Securities and Exchange Board of India
Of those, 2 referred to
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