Supreme Court · 1978 INSC 163 · Decided 12 September 1978
Oriental Gas CO. LTD. & ORS. v. State of West Bengal
- Court
- Supreme Court of India
- Citation
- 1978 INSC 163 · [1979] 1 S.C.R. 617
- Case number
- WRIT PETITION (CIVIL) No. 343/1972
- Decided
- 12 September 1978
- Bench
- Y.V. CHANDRACHUD, R.S. SARKARIA, N.L. UNTWALIA, O. CHINNAPPA REDDY, A.P. SEN (5-judge bench)
- Outcome
- Dismissed
- Case type
- Writ / Constitutional
- Acts & sections cited
- Constitution Article 32
Headnote
Oriental Gas Company Act, 1970-s. 8(1) (b) Capitalisation of net income for determining compensation payable-Validity of-Principles for determining compensation payable on acquisition of Public Utility Undertakings discussed. In 1958, the Government of West Bengal, being of the view thM the which enjoyed a monopoly in the supply of gas in Calcutta C was negligent in looking after the interest of the consun1ers appointed a Committee to enquire into the unsatisfactory condition of supply of gas in Calcutta and to suggest remedial measures, including valuation of the Under·
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