Essar Steel Ltd vs Union Of India & Ors

The Supreme Court upheld the validity of the Central Government's policy decision dated 06.03.2007 regarding the pricing of Regasified Liquefied Natural Gas (RLNG), stating that the Union of India has the authority to implement such policy under the principles of public interest. The Court found that the policy did not violate the fundamental rights of the appellants, affirming the High Court's majority decision. Consequently, the appeals challenging the price increase of RLNG were dismissed, reinforcing the government's discretion in pricing policy.