SHRI SITARAM SUGAR COMPANY LIMITED & ANR. ETC. vs UNION OF INDIA & ORS.

The Supreme Court examined the validity of the Central Government's notifications fixing prices of levy sugar under Section 3(3-C) of the Essential Commodities Act, 1955. The Court held that the power to fix prices is legislative in nature and not amenable to judicial review, emphasizing that courts should refrain from interfering in matters of economic policy. The Court also reiterated that the principle of equality under Article 14 must govern state actions, and the requirements of fairness and reasonableness must be observed in administrative actions.