BHARAT COKING COAL LTD. vs KARAM CHAND THAPAR & BROS.P. LTD..

The Court examined the legal interpretation of the term 'vest' in the context of the transfer of ownership and interest of coke oven plants to the Central Government and subsequently to Bharat Coking Coal Ltd. It noted that 'vest' generally implies the conferment of ownership and immediate rights of enjoyment, but clarified that the term is of variable import depending on the context. The ruling emphasizes that the nature of vesting must be determined based on the specific statutory framework and circumstances of the case.