https://www.taxtmi.com/caselaws?id=169283 The Court upheld the constitutional validity of the Forward Contracts (Regulation) Act, 1952, and the notifications issued under Sections 15 and 16 of the Act. The restrictions imposed were deemed reasonable and in the interest of public welfare, not violating relevant articles of the Constitution. The Court emphasized the importance of regulating forward trading to prevent undesirable practices and stabilize the market, dismissing the petitions challenging the Act and notifications. en-us Tue, 12 Sep 1961 00:00:00 +0530 Mon, 13 Apr 2015 10:23:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=169283 The Court upheld the constitutional validity of the Forward Contracts (Regulation) Act, 1952, and the notifications issued under Sections 15 and 16 of the Act. The restrictions imposed were deemed reasonable and in the interest of public welfare, not violating relevant articles of the Constitution. The Court emphasized the importance of regulating forward trading to prevent undesirable practices and stabilize the market, dismissing the petitions challenging the Act and notifications. Case-Laws Indian Laws Tue, 12 Sep 1961 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=169283