K.Ramanathan vs State Of Tamil Nadu & Anr on 27 February, 1985
38. In the present case, the Central Commission has
applied its mind and after due prudence check
allowed the some of Rs. 56.32 lakhs as Additional
capitalization under clause 9(2) (iii) by interpreting
the said clause correctly so as to achieve the laid
down statutory objectives. It is a settled law that
the power to regulate in respect of the Central
Commission carries with it full powers over the
matter subject to regulation and in the absence of the
restrictive words, the power must be regarded as
plenary over the entire subject. This principle has
been laid down by the Hon'ble Supreme Court in the
Page 21 of 24
Judgment in Appeal No 38 of 2011
case of K. Ramanathan Vs State of Tamil Nadu & Anr
(1985) 2 SCC 116. The relevant portion is as follows: