'Industry' Definition Reference : Live Updates From Supreme Court 9-Judge Bench [Day 2]
LIVELAW NEWS NETWORK
18 March 2026 10:44 AM IST
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The Supreme Court constitution bench will continue its hearing on the correctness of the definition of “industry” given by then Justice VR Krishna Iyer in the 1978 decision in Bangalore Water Supply and Sewerage Board v. A. Rajappa.
This is the second day of the hearing.
A bench comprising Chief Justice of India Surya Kant, Justice BV Nagarathna, Justice PS Narasimha, Justice Dipankar Datta, Justice Ujjal Bhuyan, Justice Satish Chandra Sharma, Justice Joymalya Bagchi, Justice Alok Aradhe and Justice Vipul Pancholi is hearing the matter.
Follow this page for the live updates. Report of first day's hearing can be read here.
Live Updates
- 18 March 2026 12:15 PM IST
Gupta: charitable work may throw up surplus, if you utilise it for charitable purpose, it is not commercial entity. In state of kerala, the devasom board generate its income primarily from 3 temples, the guruvayoor temple, sabrimala and the padmanabhaswamy temple and it has thousands of temples within it which does not generate any income. the surplus generated is utilised for the purpose of running other temples
- 18 March 2026 12:10 PM IST
Gupta: you have a problem, and how do you provide a dispute resolution mechanism for different areas of human activity? you find that one of the problems in one of the areas of human activity has a solution in the ID Act and you say its a good solution, let us apply to all human activity- this is an incorrect paradigm
- 18 March 2026 12:02 PM IST
Gupta: we are interested in the phrase industry for ID Act but the way you define it has repercussion in many other legislations which relates to industry.
what bangalore does is it lays down the general principles to be followed and I am only concerned about charitable organisations
