TINSUKHIA ELECTRIC SUPPLY CO. LTD. vs STATE OF ASSAM AND ORS.

The Supreme Court upheld the constitutional validity of the Tinsukhia and Dibrugarh Electric Supply Undertakings (Acquisition) Act, 1973, and the Indian Electricity (Assam Amendment) Act, 1973, under Articles 14, 19, and 31-C of the Constitution. The Court established that the legislation's objectives were aligned with the principles of nationalization and that the acquisition was not a colorable exercise of power. The Court ruled that the petitioners' claims regarding the lack of bona fide legislative intent and the computation of compensation were unfounded, affirming the State's right to acquire the undertakings.