कोशिश गोल्ड - मुक्त
FOR GRACE IN LEGAL EVOLUTION
The New Indian Express Bengaluru
|December 20, 2024
HE recent decision of a nine-judge bench of the Supreme Court, in Property Owners Association vs State of Maharashtra, which interprets Article 39(b) of the Constitution, represents a noteworthy development in the complex and often contentious history of property rights in India.
In deciding that not all private property forms part of the "material resources of the community" available for distribution by the state, the court has sought to achieve a nuanced balance between the conflicting demands of individual rights and the state's obligation to ensure economic justice for all.
The judgment, apart from exemplifying the SC's ever-evolving take on the characteristics and extent of property rights within a socialist democratic republic, is a reflection of the changing attitude of the ruling dispensation towards some conflicts that have underpinned this discourse since the inception of our republic.
In Property Owners, the court addressed a long-standing debate over the interpretation of Article 39(b), specifically the phrase "material resources of the community".
The judgment carries special significance for its potential impact on future legislation. It refutes the interpretation that all privately owned resources automatically fall under the ambit of "material resources of the community", an interpretation championed by Justice VR Krishna Iyer in the Ranganatha Reddy case and subsequently followed in the Sanjeev Coke case.
It clarifies that while private resources can be considered "material resources of the community" in specific contexts, this is not an automatic categorization. By rejecting this broad interpretation, the Court, in a way, reaffirms the importance of individual property rights while acknowledging the state's role in regulating resources for the common good.
The judgment, however, also has significant implications for judicial discipline and the treatment of minority opinions.
यह कहानी The New Indian Express Bengaluru के December 20, 2024 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
The New Indian Express Bengaluru से और कहानियाँ
The New Indian Express Bengaluru
After Delhi blast connection, Nuh linked to MP cybercrimes
HARYANA'S Nuh district, which is under glare as an operational base of the ‘white-collar’ terror module linked to 10/11 Delhi blast case, has also come out as the nucleus of Madhya Pradesh’s biggest-ever interstate cybercrime ring.
1 mins
December 01, 2025
The New Indian Express Bengaluru
WHAT TO EXPECT WHEN INVESTING IN 2026
THE year is ending on a high note. The recent quarterly growth data shows a second successive quarter of over 8% economic growth. Benchmark indices such as the NSE Nifty and the BSE Sensex have reached new highs. The September 2025 quarter results showed a recovery in corporate profits after a long time. Overall, the year is ending on a high note.
2 mins
December 01, 2025
The New Indian Express Bengaluru
Engineering exports fall 16% in Oct; traders seek faster EPM execution
INDIA’ engineering goods exporters are seeking faster implementation of the Export Promotion Mission (EPM) as export performance continues to weaken — and US tariffs are not the sole driver of the decline.
1 min
December 01, 2025
The New Indian Express Bengaluru
GIFT City now manages $100 billion in assets
GIFT City’s International Financial Services Centre (IFSC) now hosts over 1,034 registered entities, including 38 banks holding assets worth $100.14 billion, positioning it as a growing competitor to established financial hubs, such as Singapore and Hong Kong.
1 mins
December 01, 2025
The New Indian Express Bengaluru
BJP dismisses claims as 'baseless, false'
Hitting back, BJP says company sold for just ₹50 lakh
1 mins
December 01, 2025
The New Indian Express Bengaluru
PM terms Tamil as 'pride of India' in Mann ki Baat, urges people to learn it
PRIME Minister Narendra Modi on Sunday lauded Tamil as a great language and a source of pride for India, while highlighting the country’s achievements in agriculture, science, defence, tourism and indigenous products during his Mann Ki Baat radio address.
1 min
December 01, 2025
The New Indian Express Bengaluru
Michael B Jordan plans to expand Creed franchise
In a recent interview to promote his upcoming directorial, The Thomas Crowne Affair, Michael B Jordan has confirmed plans to expand the Creed franchise, in which he stars as the titular boxer.
1 min
December 01, 2025
The New Indian Express Bengaluru
Govt to bring bill to impose 70% cess on tobacco
THE Central government is set to replace the Compensation Cess with a new levy of 70% or higher on tobacco and tobacco-related products.
1 min
December 01, 2025
The New Indian Express Bengaluru
Rashmika's The Girlfriend gets OTT premiere date
THE Girlfriend, the recently released Rashmika Mandanna starrer, is now gearing up for its OTT premiere.
1 min
December 01, 2025
The New Indian Express Bengaluru
SHOULD WE INVEST IN INDIAN EQUITIES
FOR a long-term investment horizon, yes, Indian equities remain one of the most compelling long-term opportunities among major economies even as today.
2 mins
December 01, 2025
Listen
Translate
Change font size

