In deciding that not all private property forms part of the "material resources of the community" available for distribution by the state, the court has sought to achieve a nuanced balance between the conflicting demands of individual rights and the state's obligation to ensure economic justice for all.
The judgment, apart from exemplifying the SC's ever-evolving take on the characteristics and extent of property rights within a socialist democratic republic, is a reflection of the changing attitude of the ruling dispensation towards some conflicts that have underpinned this discourse since the inception of our republic.
In Property Owners, the court addressed a long-standing debate over the interpretation of Article 39(b), specifically the phrase "material resources of the community".
The judgment carries special significance for its potential impact on future legislation. It refutes the interpretation that all privately owned resources automatically fall under the ambit of "material resources of the community", an interpretation championed by Justice VR Krishna Iyer in the Ranganatha Reddy case and subsequently followed in the Sanjeev Coke case.
It clarifies that while private resources can be considered "material resources of the community" in specific contexts, this is not an automatic categorization. By rejecting this broad interpretation, the Court, in a way, reaffirms the importance of individual property rights while acknowledging the state's role in regulating resources for the common good.
The judgment, however, also has significant implications for judicial discipline and the treatment of minority opinions.
This story is from the December 20, 2024 edition of The New Indian Express Madurai.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 20, 2024 edition of The New Indian Express Madurai.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
How To Be A Travel Junkie!
This two-day travel festival in Mumbai this week brings together destinations, cultural experiences, food and more to inspire Indian globetrotters...
SA20: Skipper Markram aims a threepeat with Sunrisers Eastern Cape
FRESH from playing a key role in helping South Africa qualify for the third edition of the World Test Championship, Aiden Markram has set his sights on a threepeat with Sunrisers Eastern Cape in the SA20.
BFI Adopts New Weight Classes
The Boxing Federation of India (BFI) is conducting the men's national championships here in 10 weight categories, in line with the classification introduced by the breakaway World Boxing.
Janssen-sational: TN Dragons pip Team Gonasika
JIP JANSSEN slammed a hat-trick to steer Tamil Nadu Dragons to a tight 6-5 win over Team Gonasika in a high-scoring Hockey India League (HIL) clash here on Wednesday.
AFI's big push: De-centralisation of camps
New-look athletics body's one-of-a-kind policy set to encourage inclusivity & have wider pool of players to pick from
Malaysia Open: Prannoy, Sat-Chi Enter Round of 16
HS Prannoy's match, his first since the Paris Olympics, was halted by rain on Tuesday.
Selective application undermines credibility of sports governance
PT Usha and sports ministry are at loggerheads over the Indian Golf Union recognition.
Newcastle FC put one foot in League Cup final
NEWCASTLE took a giant stride towards the League Cup final as goals from Alexander Isak and Anthony Gordon earned a 2-0 semifinal, first leg lead at Arsenal on Tuesday.
Sebi finds broker with 1,103 fake client codes
MARKET regulator Sebi has found that a little known stock broker, Stockholding Services, which is the broking arm of Stock Holding Corporation of India, made thousands of fake client codes in violation of the mandatory KYC norms.
SBI Lowers FY25 Economic Growth to 6.3%
The State Bank of India has revised its forecast for India's GDP growth for financial year 2024-25 (FY25) to 6.3%, down from the National Statistical Office's (NSO) projection of 6.4%.