'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 11:32 AM IST
Farasat: tendency of overbreath of the definition. two additional tests I propose from what I have taken from the law. I structured it slightly. This is triple test with 1. enterprise must be an entity with a commercial object or at least an entity with objective analogus to trade and business
- 18 March 2026 11:31 AM IST
Farasat: i commend that your lordship should consider restricting the definition itself. Second and third question then may not be required.
submission 2- definition of triple test is concerned, that is my submission not wrong but incomplete. I am proposing that mylords take the test as it is and add limiting principle to it.
- 18 March 2026 11:18 AM IST
Hegde: profit may need not be the purpose of the activity, the activity is still must bear an analogy to trade and business in character
CJI: suppose this state establishes an industrial unit with a clear declaration to generate employment and not to earn profit, it may not be an industrial unit earning profit but it is still industry
