Central Government to control the
prices of certain essential commodities.
Essential Commodities Act , 1955
10. The Essential Commodities Act, 1955 (for short „ EC Act ... amendment to the EC Act by Act 30 of 1974
inserting drugs within the definition of „essential commodity‟
under Section 2(a) (iv a) read
annum on the overcharged
amount under Section 7A of Essential Commodities Act, 1955 calculated
up to 31.07.2018.‖
Similar reasons were assigned for holding Bharat Serums ... annum on the overcharged amount under Section 7A
of Essential Commodities Act, 1955 calculated up to 31.07.2018.
7. Thus, the company is liable to deposit
drugs in questions are essential commodities
within the meaning of Section 2-A(1) of the Essential Commodities Act, 1955,
and both the drugs ... below:
Section 2-A(1) of Essential Commodities Act:
For the purposes of this Act, "essential commodity" means a
commodity specified
exercise of the powers conferred by section 3 of the Essential Commodes Act, 1955, the Central Government issued the Drugs (Prices Control) Order,1970. Under ... Dpco of 1979 was issued under Section 3 of the Essential Commodities Act, 1955, this was in supersession of Dpco of 1970. Before dealing with
revenue recovery
of their dues under Section 7-A of the Essential Commodities Act.
Though the orders of the revenue authorities were being challenged,
there ... statutory provisions and
take legal action under the provisions of the Essential Commodities
Act and/or other relevant laws / rules in this regard. The petitioner
Government in exercise
of powers conferred by Section 3 of the Essential Commodities Act, 1955.
The appeals before us
3. The principal appeal before ... Act,
1940 is an essential commodity in view of Section 2A read with the Schedule
to the Essential Commodities Act, 1955 .
Historical background beginning with
exercise of the powers conferred by Section 3 of the Essential
Commodities Act, 1955 and any contravention at the provisions of the
DPCO ... punishable in accordance with the provisions of the
Essential Commodities Act, 1955 .
4. It is pertinent to state here that under the DPCO, 2013, once
DPCO,
1979, and which satisfied the tests of Constitutional and Essential
Commodities Act requirements, can be recovered from the concerned
manufacturer for deposit ... essential
commodity may be bought or sold. It is in pursuance of the powers
granted to the Central Government by the Essential Commodities
Act that
thousand eight hundred nineteen only) under Section 7A of the Essential Commodities Act, 1955. As a result of written submissions filed on behalf ... interest under Section 7A of the Essential Commodities Act, 1955. Johnson & Johnson Ltd. is a pharmaceutical company incorporated Page 1447 under the provisions
been issued in exercise of powers under Section 3 of the Essential Commodities Act, 1995 and pursuant to the New Drug Policy 1994 issued ... that the DPCOs only exercise power under Section 3 of the Essential Commodities Act, 1955 and cannot purport to nor are they intended to regulate
