https://www.taxtmi.com/caselaws?id=462722 The SC addressed whether "material resources of the community" in Article 39(b) includes privately owned resources. The Court held that Article 31C, as upheld in Kesavananda Bharati, remains valid. While privately owned resources may theoretically fall within Article 39(b), the Court rejected the expansive interpretation from Ranganatha Reddy's minority judgment. The determination must be context-specific, considering factors like resource nature, community impact, scarcity, and concentration effects. The Court established that privately owned resources can become community resources through nationalization, acquisition, vesting by law, purchase, or voluntary conversion. Distribution must subserve common good and cannot concentrate wealth in few hands, violating Article 39(c). The legislature decides distribution methods, but judicial review remains available to ensure nexus with constitutional principles. en-us Tue, 05 Nov 2024 00:00:00 +0530 Wed, 16 Jul 2025 17:36:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=462722 The SC addressed whether "material resources of the community" in Article 39(b) includes privately owned resources. The Court held that Article 31C, as upheld in Kesavananda Bharati, remains valid. While privately owned resources may theoretically fall within Article 39(b), the Court rejected the expansive interpretation from Ranganatha Reddy's minority judgment. The determination must be context-specific, considering factors like resource nature, community impact, scarcity, and concentration effects. The Court established that privately owned resources can become community resources through nationalization, acquisition, vesting by law, purchase, or voluntary conversion. Distribution must subserve common good and cannot concentrate wealth in few hands, violating Article 39(c). The legislature decides distribution methods, but judicial review remains available to ensure nexus with constitutional principles. Case-Laws Indian Laws Tue, 05 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=462722