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    <title>1997 (12) TMI 649 - Supreme Court</title>
    <link>https://www.taxtmi.com/caselaws?id=175451</link>
    <description>The Supreme Court of India examined whether the Bombay Rent Act&#039;s standard-rent regime, tied to historic rent levels and restrictive increases, had become arbitrary under Article 14 because inflation and changed economic conditions had eroded its rational basis. It noted that a statutory restriction valid when enacted can become unconstitutional if prolonged continuance makes it unreasonable, discriminatory, and disconnected from present realities. Relying on the scheme of the law, the burden on landlords, and official material showing frozen rents no longer yielded a reasonable return, the Court found the continued operation of the old rent-fixation mechanism could not be justified as a reasonable social measure and required fresh legislative revision.</description>
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    <pubDate>Fri, 19 Dec 1997 00:00:00 +0530</pubDate>
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      <title>1997 (12) TMI 649 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=175451</link>
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      <pubDate>Fri, 19 Dec 1997 00:00:00 +0530</pubDate>
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