Indian Polity & Governance·Landmark Judgments
Independent Regulatory Bodies — Landmark Judgments
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Version 1Updated 5 Mar 2026
Landmark Judgments
RBI vs Union of India
2018This case highlighted the tension between RBI's autonomy and government's fiscal policy requirements. The dispute arose over RBI's surplus transfer to government and the central…
SEBI vs Sahara India Real Estate Corporation Ltd
2012The Supreme Court upheld SEBI's jurisdiction over Sahara's optionally fully convertible debentures (OFCDs), establishing the principle that regulatory bodies have wide powers to…
Cellular Operators Association of India vs TRAI
2016The Supreme Court upheld TRAI's net neutrality regulations and differential pricing norms, establishing that regulatory bodies have authority to ensure non-discriminatory access…