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2016 Supreme(Guj) 150

JAYANT M.PATEL, N.V.ANJARIA
Kalyan Janta Sahakari Bank Ltd – Appellant
Versus
State of Gujarat – Respondent


Advocate Appeared:
For Appellant :Tushar P. Hemani, Vaibhavi Parikh and Megha Jani, Advocates
For Respondents:Kamal Trivedi, Ld. Advocate General and S.K. Vishen, Ld. AGP

JUDGMENT :

N.V. Anjaria, J.

1. In the present batch of group of petitions, what is at stake is the legislative competence, and therefore constitutional validity of the Sardar Sarovar Narmada Nigam Limited (Conferment of Power to Redeem Bonds) Act, 2008.

1.1 Passed by the Gujarat Legislature and received assent of the Governor on 29th March, 2008, the Act was brought into existence to confer power on the Sardar Sarovar Narmada Nigam Limited-respondent No. 2 herein, to redeem premature the Deep Discount Bonds issued by it.

2. As all the captioned petitions involve common challenge, similar facts and identical issues as well as the prayers being on the same lines, they were heard together. Accordingly, they are being finally decided simultaneously by this common judgment.

2.1 The discussion hereinafter, for convenient reference, is classified as per following sub-heads and the corresponding paragraphs thereto.

Sub-heading

Paragraphs

Basic Challenge and the Prayers

3 to 3.1.1

Representative Facts from main Petition

3.2 to 3.2.6

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