There is no link between the auction and sale between MSIL. Price fixation is done by MSIL in terms of the Act. Counsel also refers ... fixation of price. He says that there is no fixed price as understood in law insofar as the price fixation is concerned. He says that
issue price list,
supplementary list to the dealers, State Drug Controller
and the Government by indicating reference to such price
fixation or revision ... that fixation of price for
medicine/drugs involves the need of expertise. The scope
of judicial review with respect to price fixation by the
Government
fixation of the price is as per the price
prevailing in the preceding six months and that in future the
price fixation would be based ... contradistinction to the
determination of "price of sugar", a non-legislative act.
45. Price fixation is in the nature of a legislative
action
power of fixing the price, it was held at para-45;
"Price fixation of ethyl alcohol is an exercise of power for regulating distribution ... price was with the Central Government and Parliament had evinced an intention to occupy the field of price fixation. This contention which is identical
quasi-judicial procedure had to be adopted before prices are fixed even if such price fixation affects, as it must, each factory. Price fixation ... considered in determining fair price. It was held there (SCC page 636, para 13):
Price fixation is more in the nature of a legislative measure
such
situations the determination of price may acquire
a quasi-judicial character. Otherwise, price
fixation is generally a legislative activity. We also
wish to clear ... that fixation of price for
medicine/drugs involves the need of expertise.
The scope of judicial review with respect to price
fixation by the Government
UNION OF INDIA , and JASWANT SUGAR MILLS v. LAXMI CHAND, , the price fixation for a manufacture is adjudicative function whereas price fixation for consumers ... function. Under the Essential Commodities Act , it has been held that price fixation for a manufacture is adjudicative while price fixation for the consumers
DELHI DEVELOPMENT AUTHORITY AND ORS , , it was held that in price fixation, the executive had wide discretion and is only answerable in cases where there ... statutory control over its policy of price fixation and it is not the function of the Court to sit in judgment over such matters
only the fixation of rates but also the Rules
and Regulations relating to it and although the tariff
fixation like price fixation is legislative ... Administrative Law, the Court
held that applying the said test, the price fixation
exercise is legislative in character unless by the terms
of a particular
supervision and management charges, are all variable factors that enter into price fixation. It is also well-settled that the cost varies periodwise, placewise ... contended by the learned Counsel appearing for respondent 2 that the price fixation is within the powers of the Board on the basis
