STATE OF UTTAR PRADESH vs BANARAS ELECT. LIGHT & POWER CO.LTD &ORS

The Supreme Court upheld the validity of the Indian Electricity (U.P. Amendment and Validation) Act, 1976, which amended Sections 6 and 7-A of the Indian Electricity Act, 1910. The Court ruled that the amendments were constitutional and did not violate the rights of the licensee, affirming the government's right to purchase the undertaking at the end of the license period. The appeal against the Calcutta High Court's dismissal was therefore rejected, maintaining the legality of the Ordinance and subsequent Act.