Supreme Court of India
Duncan Industries Ltd. and Anr v. Union of India
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.
What the Court ordered
In the result, these appeals must fail C and are hereby dismissed with no order as to costs. v.s.
Judgment, page 20
From the headnote
Essential Commodities Act, 1995: Section 3. .. Retention Price Scheme-Granted to fertilizer manufacturers- Retrospective modification of-To the detriment of manufacturers- c Permissibility-Government fixed the maximum retail price of fertilizers, which was to be complied with by dealers, manufacturers act.-This controlled-price mechanism resulted in losses for the manufacturer-Retention Price scheme was devised with a view to determining the appropriate subsidy for fertilizer manufacturers and was brought into operation-Retention Prices for five pricing periods up to 31.3.1991 were…
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