THE LORD KRISHNA SUGAR MILLS LTD.,AND ANOTHER vs THE UNION OF INDIA AND ANOTHER(and connected petition)

The Supreme Court upheld the constitutionality of the Sugar Export Promotion Act, 1958, which mandated sugar manufacturers to supply sugar for export at a loss. The Court ruled that the restrictions imposed under Articles 19(1)(f) and (g) were reasonable, as the government provided a counterbalancing increase in internal sugar prices to mitigate losses. The Court emphasized that the reasonableness of restrictions must be assessed in the context of existing circumstances and legislative intent, thus validating the Act's provisions.