Supreme Court of India

U.P. State Electricity Board v. Upper Jamuna Valley Electricity Supply Co. Ltd.

Neutral citation
Bench S. Saghir Ahmad, Y.K. Sabharwal and S.N. Variava JJ.
Decided 12 May 2000

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.

From the headnote

Indian Electricity Act, 1910-Section 6, 7, 7 -Amend'11ent in, by Indian Electricity (UP. Amendment and Validation) Ordinance No. 7of1975/Indian Electricity (U.P. Amendment and Validation) Act, 1976-Policy of nationalisation of electric companies-Amendment envisaging the book value of the undertaking as the purchase price instead of its market value for the purpose of acquiring the undertaking-Constitutional validity of the Amending Act/Ordinance challenged on the ground that such amendment extinguished the right which had accrued in the electric companies, to get the market price-Held, the…

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