SC overturns 1978 ruling, strikes down State's power to seize pvt property

Quick Summary:

Article 39(b) of the Indian Constitution directs the State to work towards redistributing resources to best serve the public interest.

However, the recent ruling introduces a nuanced perspective, suggesting that this provision cannot be used as a justification for the wholesale appropriation of private property without assessing the community impact.

The judgment delivered by Justice Krishna Iyer stated that material resources of the community covered all resources -- natural and man-made, publicly and privately owned.

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Article Details

Category: BusinessFinance

Markets: India

Topics: India property law Supreme Court ruling Legal news Article 39(b) State authority limits State seizure Economic policy Constitutional law Property acquisition Landmark decision Common good Private property rights Maharashtra Housing Act Property owners association Public trust doctrine Property protection

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 11:41:47 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 688 words

Reading Time: 4 minutes read

Sentences: 32 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23424530

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