SHORT ANSWER:
The RC Cooper case ruling established that the right to carry on business is a fundamental right under Article 19(1)(g) of the Indian Constitution.
DETAILS:
- The Supreme Court ruled that any law that restricts this right must be reasonable and in the interest of the public.
- The case involved the validity of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.
PUNISHMENT / IMPLICATIONS (if applicable):
- The ruling emphasized the need for laws to not violate fundamental rights without just cause.
SOURCE:
- Article 19(1)(g) of the Indian Constitution
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