Economic Reforms and Current Issues — Legal Precedents

Legal Precedents

R.C. Cooper vs. Union of India (Bank Nationalisation Case)

1970

Though pre-dating the 1991 reforms, this judgment is foundational for understanding the state's power to acquire private property for public purpose and the limits of such power.…

S.R. Bommai vs. Union of India

1994

This landmark judgment, delivered shortly after the 1991 reforms, primarily dealt with the misuse of Article 356 (President's Rule) and strengthened the federal structure of…

Vodafone International Holdings B.V. vs. Union of India

2012

This case dealt with the contentious issue of retrospective taxation, specifically regarding the indirect transfer of assets located in India. The Supreme Court ruled in favor of…