Supreme Court · 1960 INSC 151 · Decided 13 September 1960

The Bullion and Grain Exchange LTD. and OTHERS. v. The State of Punjab

Court
Supreme Court of India
Citation
1960 INSC 151 · [1961] 1 S.C.R. 668
Case number
CIVIL APPEAL No. 123/1955
Decided
13 September 1960
Bench
S.K. DAS, M. HIDAYATULLAH, K.C. DAS GUPTA, J.C. SHAH, N. RAJAGOPALA AYYANGAR (5-judge bench)
Outcome
Appeal(s) allowed
Case type
Civil
Acts & sections cited
Constitution Article 226

Headnote

SUPREME COURT REPORTS &middot; 1[1961] THE BULLION AND GRAIN EXCHANGE LTD. AND OTHERS v. THE STATE OF PUNJAB (S. K. DAS, M. HIDAYATL'LLAH, K. c. DAS GUP'rA, J. C. SHAII and N. RAJAOOPALA AYYANOAR, ,JJ.) For;;&bull;ard Contracts Tax-Validity of maclmtnl &middot; -Legislative on the business of com&shy; mission agents in forwarrl contracts, filed a petition before the High Court of Punjab under Art. 226 of the Constitution of I 11dia challenging the validity of the Punjab Forward Contracts Tax Act, I<J5I, on the ground that it was ultra vires the powers conferred

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