https://www.taxtmi.com/caselaws?id=181838 Price fixation under the Sugar (Control) Order, 1966 was treated as a legislative function that must have a reasonable nexus with the statutory purpose and the estimated cost of production, but need not follow a rigid formula or the Commission's schedules as binding rules. The Court stated that the ex-factory sugar price was not shown to be arbitrary, unreasonable, or ultra vires. It also held that clause 7 permitted price fixation from time to time within the season, and did not create any enforceable right to mandamus, compensation, damages, or readjustment because a later revision did not adjust an earlier valid fixation. en-us Fri, 30 Aug 1974 00:00:00 +0530 Tue, 26 Apr 2016 11:28:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181838 Price fixation under the Sugar (Control) Order, 1966 was treated as a legislative function that must have a reasonable nexus with the statutory purpose and the estimated cost of production, but need not follow a rigid formula or the Commission's schedules as binding rules. The Court stated that the ex-factory sugar price was not shown to be arbitrary, unreasonable, or ultra vires. It also held that clause 7 permitted price fixation from time to time within the season, and did not create any enforceable right to mandamus, compensation, damages, or readjustment because a later revision did not adjust an earlier valid fixation. Case-Laws Indian Laws Fri, 30 Aug 1974 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181838