Holding that “on matters affecting policy, this court does not interfere unless the policy is unconstitutional or contrary to the statutory provisions or arbitrary or irrational or in abuse of power”, the Supreme Court recently dismissed a writ petition in Manohar Lal Sharma v Union of India & Another, which challenged the government’s foreign direct investment (FDI) policy.
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The update of court judgments is compiled by Bhasin & Co, Advocates, a corporate law firm based in New Delhi. The authors can be contacted at lbhasin@bhasinco.in or lbhasin@gmail.com. Readers should not act on the basis of this information without seeking professional legal advice.
