Vasantha Viswanathan & Ors vs V.K. Elayalwar & Ors

The Supreme Court upheld the decision of the Madras High Court which decreed the plaintiff's suit for the transfer of permits and the appointment of a Commissioner to fix the price of 5 buses. The Court found that the rejection of the joint application for permit transfer was invalid due to the subsequent ruling that the ceiling on permits was unconstitutional. The Court also affirmed the plaintiff's right to seek accounts for profits derived from the buses, establishing that the agreement for sale was valid despite the initial rejection of the application under Tamil Nadu Ordinance No. VI of 1971.