Indian Economy·Key Judgments
Public Sector Enterprises — Key Judgments
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Version 1Updated 5 Mar 2026
Key Judgments
Balco Employees Union v. Union of India
2002The Supreme Court upheld the government's right to disinvest in PSEs, ruling that there is no fundamental right to continued government ownership of public enterprises. The…
State of Tamil Nadu v. L. Abu Kavur Bai
1984This judgment clarified the constitutional position regarding state control over trade and commerce, establishing that state trading monopolies through PSEs are constitutionally…
Indian Petrochemicals Corporation Ltd. v. Shramik Sena
1999The judgment addressed the issue of PSE autonomy and government interference in commercial decisions. It established that while PSEs are government companies, they should have…