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

2002

The 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

1984

This 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

1999

The judgment addressed the issue of PSE autonomy and government interference in commercial decisions. It established that while PSEs are government companies, they should have…

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