A nine-judge bench of the Supreme Court on Tuesday, by a majority judgment, ruled that not all private properties are attributable as 'material resources of the community' under Article 39(b) of the Constitution and can't be taken over by the State to subserve the "common good".
The majority verdict authored by Chief Justice D.Y. Chandrachud said that interpretation that every privately-owned property could be used by the state as material resource to "subserve the common good" postulated a "rigid economic theory which advocates greater state control of private resources".
Chief Justice Chandrachud, also speaking for Justices Hrishikesh Roy, J.B. Pardiwala, Manoj Misra, Rajesh Bindal, Satish Chandra Sharma and Augustine George Masih, overruled several verdicts post 1978 that had adopted the socialist theme and ruled that the State could take over all private properties for the common good.
This story is from the November 06, 2024 edition of The Statesman.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the November 06, 2024 edition of The Statesman.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
ICC Rankings: Smriti eyes third spot, Harmanpreet back in top 10
Smriti Mandhana closes gap on Sri Lanka's Chamari Athapaththu in women's ODI batting list
NZ humiliation may awaken 'sleeping giant' India: Hazlewood
Terming India a 'sleeping giant', Australia pacer Josh Hazlewood said that Rohit Sharma & Co's first ever 3-0 whitewash at home to New Zealand, could have hit their confidence but at the same time served as a perfect wake-up call ahead of the Border-Gavaskar series, starting 22 November in Perth.
ISL: In-form Punjab FC aim to continue winning momentum against FC Goa
Excitement and enthusiasm are guaranteed when two in-form teams lock horns in the Indian Super League (ISL) at the Fatorda Stadium on November 6.
Odegaard's return boosts Arsenal ahead of Inter clash
Arsenal have been handed a much-needed boost as skipper Martin Odegaard was seen training with the first team squad for the first time since his injury on Tuesday.
Delhi, AP, Bengal shine in senior hockey nationals
Delhi, Karnataka, Bengal and Hockey Andhra Pradesh emerged victorious with great performances on Day 2 of the 14th Hockey India Senior Men National Championship at the Mayor Radhakrishnan Hockey Stadium here on Tuesday.
India coach Marquez names 26 probables for Malaysia friendly
The Indian senior men's team head coach Manolo Marquez on Tuesday announced 26 probables for the upcoming FIFA International Friendly against Malaysia to be played on 18 November at the GMC Balayogi Gachibowli Stadium in Hyderabad.
Arsenal aim to recreate history, in-form Inter eye redemption
Inter Milan eager to avenge 1-5 defeat to Arsenal in 2003, the last time the two teams met in the Champions League
Champions League: Manchester City never find excuses over injury concerns, asserts midfielder Bernardo Silva
Manchester City midfielder Bernardo Silva insists injury worries are not an excuse for players to not try to win every game they go into as the side continue to compete on multiple fronts.
The impact of AI on enhancing EV performance and efficiency
Electric Vehicles (EVs) are reshaping the automotive landscape, offering significant environmental and economic advantages, from reduced emissions to lower maintenance costs.
Apophis: New European space mission could get up close with a large asteroid set to brush by Earth
The European Space Agency has given the go-ahead for initial work on a mission to visit an asteroid called (99942) Apophis.
