ZIPPERS KARAMCHARI UNION vs U O I

The Supreme Court addressed a writ petition challenging the approval granted to YKK Corporation for setting up integrated plants for manufacturing zip fasteners in India, citing violations of the Industries (Development and Regulation) Act, 1951, specifically Section 29-B. The Court held that the Central Government's decision to dereserve the manufacturing of zip fasteners for foreign investment was illegal and contrary to the provisions of the Act, thereby quashing the permission granted to YKK. The ruling emphasized the protection of small-scale industries and the need for adherence to statutory provisions in industrial policy.