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real market situation. It is pertinent to state here, the judicial wisdom of Hon 'ble Supreme Court in CITvs. Arvinds Raju

economic 30 regulation cases, there are good reasons for judicial self- restraint if not judicial deference to legislative judgment. The Legislature after ... events - self-limitation can be seen to be the path to judicial wisdom and institutional prestige and stability.' The Courts must, therefore, adjudge

that in matters such as these, which reflect matters of policy, judicial wisdom is judicial W.P.(C) 5497/2020 Page 24 of 53 restraint

Piyush Bokaria vs Reserve Bank Of India on 30 September, 2020 Bench: A.P.Sahi

economic regulation cases, there are good reasons for judicial self-restraint if not judicial deference to legislative judgment. The legislature after all has the affirmative ... events - self-limitation can be seen to be path to judicial wisdom and institutional prestige and stability.‖ What we said in that case in regard

wisdom has not mandated such procedure as has been directed to be followed by the decisions referred to above , it would amount to judicial legislation ... result is not absurd, it would be inadvisable to substitute by judicial wisdom of what the law should have been and how it should

application, we may respectfully add, is a matter of judicial expertise and experience where judicial wisdom must search for an answer to the vexed question

Rules of 2002 and given the weighty preponderance of judicial wisdom, as set out supra, a secured creditor

economic regulation cases, there are good reasons for judicial self-restraint if not judicial deference to legislative judgment. The legislature after all has the affirmative ... events - self-limitation can be seen to be the path to judicial wisdom and institutional prestige and stability.' The Court must always remember that

Khadeeja Nargees vs State Of Kerala on 17 August, 2020 Equivalent citations: AIRONLINE 2020 KER