Supreme Court of India · 2016-09-01
Samaj Parivartana Samudaya & Ors vs State Of Karnataka & Ors
- Citation / case number
- AIRONLINE 2016 SC 148
- Court
- Supreme Court of India
- Petitioner
- Samaj Parivartana Samudaya & Ors
- Respondent
- State Of Karnataka & Ors
- Author
- Ranjan Gogoi
- Bench
- A.M. Khanwilkar, Prafulla C. Pant, Ranjan Gogoi
Judgment text excerpt
The Supreme Court addressed the application by the Karnataka Iron and Steel Manufacturers Association seeking to restrain NMDC from adopting a differential pricing mechanism for iron ore in Karnataka. The Court reiterated its previous ruling in Samaj Parivartana Samudaya v. State of Karnataka, affirming that the base price should be determined by the lessees and not fixed by NMDC. The Court held that NMDC's pricing, influenced by market conditions, does not warrant intervention, and thus denied the application for relief.