Supreme Court · 2013 INSC 155 · Decided 12 March 2013
M/S. P.G.F. Limited & ORS. v. Union of India & Another
- Court
- Supreme Court of India
- Citation
- 2013 INSC 155 · [2013] 6 S.C.R. 32
- Case number
- CIVIL APPEAL No. 6572/2004
- Decided
- 12 March 2013
- Bench
- B.S. CHAUHAN, F.M. IBRAHIM KALIFULLA (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Constitution
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 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 E sale and development of
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