Supreme Court · 2016 INSC 325 · Decided 19 April 2016
Essar Steel LTD. v. Union of India & ORS.
- Court
- Supreme Court of India
- Citation
- 2016 INSC 325 · [2016] 4 S.C.R. 326
- Case number
- CIVIL APPEAL No. 4610/2009
- Decided
- 19 April 2016
- Bench
- V. GOPALA GOWDA, UDAY UMESH LALIT (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Constitution Article 14, 7, 136, 73
Headnote
F G H [2016] 4 S.C.R. 326 ESSAR STEEL LTD. v. UNION OF INDIA & ORS. (Civil Appeal No. 4610 of2009) APRIL 19,2016 [V. GOPALA GOWDA AND UDAY UMESH LALIT, JJ.) Constitution of India - Arts. 14, 7 3 and Schedule Vil, List I, Entry 53 - Contract for purchase of Regasified Liquified Natural Gas that pursuant to the Govern111ent policy, price of the gas under the contract would be revised - The policy decision found consequent action of unilaterally increasing the price of RLNG - High Court upheld the validity of the policy decision - On appeal, held: Though price fixing is a
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