Supreme Court of India

Balco Employees Union (regd.) v. Union of India and Ors.

Neutral citation
Bench B.N. Kirpal, Shivaraj V. Patil and P. Venkatarama Reddi JJ.
Decided 10 December 2001

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.

29 Supreme Court benches have cited this judgment.

What the Court ordered

We hold that the disinvestment by the Government in BALCO was not invalid.

Judgment, page 64

From the headnote

Disinvestment: Disinvestment of 51% equity of Balco, a Public Sector Undertaking, by Central Government to a Strategic Partner and transfer of management thereof—Amenability to Judicial Review—Held, it is an economic policy decision of the Government and hence not amenable to judicial review—Constitution of India, 1950—Articles 32 & 226. Protection of workers' rights and interests—Availability of under the Constitution—Held, not available—However, on facts, sufficient safeguards and protection are built in various agreements entered into with the Strategic Partner besides availability of protection under existing laws—Constitution of India, 1950—Articles 12, 14 and 16.

Authorities it was built on

Where later benches applied it

Of those, 6 relied on · 21 referred to · 2 mentioned

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