Indian Economy·Key Judgments
Delicensing and Deregulation — Key Judgments
Constitution VerifiedUPSC Verified
Version 1Updated 6 Mar 2026
Key Judgments
Chintaman Rao v. State of Madhya Pradesh
1951This early Supreme Court judgment laid down the principle of 'reasonable restriction' under Article 19(6) of the Constitution. While not directly on industrial licensing, it…
Excel Wear v. Union of India
1978This case dealt with the validity of Section 25-O of the Industrial Disputes Act, 1947, which required prior government permission for closing down an undertaking. The Supreme…
R.C. Cooper v. Union of India (Bank Nationalisation Case)
1970Though primarily about nationalization, this case significantly impacted the interpretation of fundamental rights, particularly Article 19(1)(g) and Article 31 (right to property,…