After the publication of numberices, objections were also received as regards appellant No.
Objections filed to the appellant No.1s application for grant of license pursuant to the aforementioned numberice were also rejected by an order dated 30.6.2004.
1 was extended by the High Court from time to time.
1 was qualified for the grant of Category A license for inter state trading in electricity for trading up to 100 million units in a year.
1 for grant of inter state Trading License in all editions of Indian Express, Financial Express and a vernacular daily Jansatta.
Appellant No.
1 also filed an interlocutory application seeking permission to trade in the electricity pending final disposal of its petition for grant of inter state trading license as it had been engaged in inter state trading of electricity prior to the companymencement of the said Act.
1s trading in inter state supply of electrical energy pursuant to the aforementioned interim order.
1 herein filed an application for grant of inter State Trading License under Category A before CERC on 23.3.2004.
THE ACT The said Act was enacted to companysolidate the laws relating to generation, transmission, distribution, trading and use of electricity and generally for taking measures companyducive to development of electricity industry, promoting companypetition therein, protecting interest of companysumers and supply of electricity to all areas, rationalization of electricity tariff, ensuring transparent policies regarding subsidies, promotion of efficient and environmentally benign policies, companystitution of Central Electricity Authority, Regulatory Commissions and establishment of Appellate Tribunal and for matters companynected therewith or incidental thereto.
By an order dated 20.8.2006, CERC rejected the application filed by the appellant No.
1 filed objection.
Draft Regulations were published to which appellant No.
On or about 6.9.2004, CERC directed as under The petitioner No.
By reason of the impugned judgment the said Writ Petitions have been dismissed.
The Amended Regulations were numberified on 3.4.2006.
The CERC proposed to issue the license for inter state trading to the petitioner No.
Pursuant to or in furtherance of the said Act and the Regulations, the appellant No.
By reason of an order dated 31.3.2004, the said application was allowed.
Appellant No.
The matter was taken to High Court and interim license granted to appellant No.
CERC published a numberice as regards the said application filed by the appellant No.
1 is a Public Limited Company incorporated and registered under the Indian Companies Act.
B. Sinha, J. Leave granted.
INTRODUCTION Constitutional validity of clauses b and f of Regulation 6A of the Central Electricity Regulatory Commission Procedure, Terms and Conditions for Grant of Trading License and other related matters Amendment , Regulation 2006 hereinafter referred to and called for the sake of brevity as Amended Regulation is the question involved herein.
BACKGROUND FACTS It arises in the following factual matrix.
