Supreme Court of India · 1950-12-04
CHIRANJIT LAL CHOWDHURI vs THE UNION OF INDIA AND OTHERS.
- Citation / case number
- SC 1950/25
- Court
- Supreme Court of India
- Petitioner
- CHIRANJIT LAL CHOWDHURI
- Respondent
- THE UNION OF INDIA AND OTHERS.
- Bench
- KANIA, HIRALAL J. (CJ),FAZAL ALI, SAIYID,SASTRI, M. PATANJALI,MUKHERJEA, B.K.,DAS, SUDHI RANJAN
Judgment text excerpt
The Supreme Court upheld the Sholapur Spinning and Weaving Company (Emergency Provisions) Act, 1950, which allowed the dismissal of managing agents and the removal of directors due to mismanagement affecting essential commodity production. The Court ruled that the Act did not infringe upon fundamental rights under Articles 14 and 19(1)(f) of the Constitution, as it was enacted to address an emergency situation. The Court emphasized that the rights of shareholders were validly curtailed in the interest of public welfare and management efficiency.