Hailing the Supreme Court’s statement about the issue, he said, “The honourable SC bench also commented that it is not good for the Union where the States have to come to the Apex Court for such issues that are mandatory and routine and age-old practices.”
However, a five-judge bench of the apex court held in 2004 in State of West Bengal versus Kesoram Industries Limited that there was a typographical error in the 1989 verdict and said royalty was not a tax. The dispute was referred to a larger nine-judge bench.
India News: Find out who will protect the donors of Electoral Bonds from political vendetta. Read more about the recent SC verdict and its implications. Stay informed!
Chief Justice of India, D Y Chandrachud, rejected a plea to adjourn the bail hearing of AAP leader Satyendar Kumar Jain in a money laundering case. Senior advocate Abhishek Singhvi sought deferment, citing a change in the bench. Jain is on interim bail for health reasons, extended from May 26. The case is set for a hearing before Justice Trivedi and Justice Sharma.