Independent Regulatory Bodies — Key Cases & Reports

Key Cases & Reports

RBI vs Union of India

2018

This case highlighted the tension between RBI's autonomy and government's fiscal policy requirements. The dispute arose over RBI's surplus transfer to government and the central…

SEBI vs Sahara India Real Estate Corporation Ltd

2012

The Supreme Court upheld SEBI's jurisdiction over Sahara's optionally fully convertible debentures (OFCDs), establishing the principle that regulatory bodies have wide powers to…

Cellular Operators Association of India vs TRAI

2016

The Supreme Court upheld TRAI's net neutrality regulations and differential pricing norms, establishing that regulatory bodies have authority to ensure non-discriminatory access…