The State Of Kerala vs Union Of India
Judges (2)
Parties (2)
Case Significance
The State Of Kerala vs Union Of India is a Supreme Court of India decision dated April 1, 2024 (citation: insc-2024-253). Kerala filed an original suit under Article 131 challenging the Union's Net Borrowing Ceiling imposed under the FRBM Act, which restricted state borrowing to 3% of GSDP, seeking interim injunction against the borrowing restrictions. The Supreme Court dismissed the stay application, finding Kerala failed to establish prima facie case, balance of convenience, and irreparable injury, noting the Union had already accorded consent for Rs.13,608 crores in additional borrowing during the proceedings The bench comprised Justices K.V. Viswanathan and Surya Kant. The judgment was delivered by Justice Surya Kant.
Summary
Kerala filed an original suit under Article 131 challenging the Union's Net Borrowing Ceiling imposed under the FRBM Act, which restricted state borrowing to 3% of GSDP, seeking interim injunction against the borrowing restrictions. The Supreme Court dismissed the stay application, finding Kerala failed to establish prima facie case, balance of convenience, and irreparable injury, noting the Union had already accorded consent for Rs.13,608 crores in additional borrowing during the proceedings. Interim relief denied.
What was the outcome of The State Of Kerala vs Union Of India?
Kerala filed an original suit under Article 131 challenging the Union's Net Borrowing Ceiling imposed under the FRBM Act, which restricted state borrowing to 3% of GSDP, seeking interim injunction aga...
Judgment
Read the full judgment on the official India Courts portal.
Read on Indian KanoonSource: Indian Kanoon (insc-2024-253)