PYRITES PHOSPHATES & CHEMICALS LTD. vs UNION OF INDIA .

The Supreme Court upheld the High Court's decision to quash the notification dated 21st June 1995, which amended Schedule X of the Companies Act, 1956, finding it violative of Article 14 of the Constitution. The Court held that the imposition of an enhanced regulatory fee was unreasonable and against legislative policy, thus requiring the Registrar of Companies to refund the fees collected under the struck-down notification. The appeal was disposed of without costs, and the Court clarified that this order should not be treated as a precedent for similar matters.