Court : SEBI Securities and Exchange Board of India or Securities Appellate Tribunal SAT
..... the case of west bengal electricity regulatory commission, high court as an appellate body under section 27 of the electricity regulatory commission act, 1998 redetermined the tariff fixed by the west bengal electricity commission and ..... thereafter numerous amendments and all these amendments gave the objects and reasons to the effect that essential commodities act provides that, for maintaining or increasing supplies of essential commodities or for securing their equitable distribution and availability at fair price, the central government may issue orders for regulating or prohibiting the production, supply and distribution of ..... time, then, notwithstanding, anything contained in sub-section (3), there shall be paid to that producer an amount therefore which shall be calculated with reference to such price of sugar as the central government may, by order, determine, having regard to- (a) the minimum price, if any, fixed for sugarcane by the central government under this section; (d) the securing of a reasonable return on the capital employed in the business of ..... exercise of powers of trai under section 11(2) of the act and in fact the powers are unrestricted.in support of its contention the trai has cited a few decisions of the supreme court wherein orders issued under the different control orders under essential commodities act, 1955, were upheld and it has been laid that the order fixing price is in the domain of legislative action.3. ..... and nafar chandra jute mills ltd. .....
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