Reviewed case brief

Rustom Cavasjee Cooper v. Union of India

(1970) 1 SCC 248

Also known as the **Bank Nationalisation Case**. An eleven-judge bench struck down the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1969 on grounds of inadequate compensation and hostile discrimination, though affirming that nationalisation per se serves a public purpose.

nationalisationfundamental-rightsArt-14Art-19Art-31banking-regulationcompensation
Court
Supreme Court of India
Year
1970
Subjects
Constitutional Law I
Reviewed
2026-06-29

Rule established

Bank nationalisation is valid as public purpose but must provide adequate compensation; the 1969 Act struck down for inadequate compensation

Facts

    Issues

      Held

        Ratio decidendi

        How to use it in an exam

        Editorial source

        SCC Online

        Educational summary only. Read the reported judgment or an authorised law report before relying on the case professionally.