CRITICAL ANALYSIS OF THE RIGHTS AND DUTIES OF PUBLIC CORPORATIONS IN INDIA

AUTHOR – NAMEENA. P, SCHOLAR FROM THE TAMILNADU DR AMBEDKAR LAW UNIVERSITY (SOEL)

BEST CITATION – NAMEENA. P, CRITICAL ANALYSIS OF THE RIGHTS AND DUTIES OF PUBLIC CORPORATIONS IN INDIA, INDIAN JOURNAL OF LEGAL REVIEW (IJLR), 4 (3) OF 2024, PG. 292-299, APIS – 3920 – 0001 & ISSN – 2583-2344.

ABSTRACT

Public corporations, as instrumental entities in India’s economic landscape, play a pivotal role in delivering essential services and promoting national development. However, their unique position, being partially government-owned and operated, raises complex questions regarding their rights and duties. This research delves into the intricate balance between the public interest mandate and the corporate autonomy of public corporations in India. The analysis will explore the rights granted to public corporations, including their capacity to sue and be sued, acquire property, and enter into contracts. Additionally, it will examine the duties imposed upon them, such as the obligation to serve the public interest, adhere to government policies, and maintain transparency in their operations. The study will critically evaluate the effectiveness of the existing legal framework in balancing these rights and duties, identifying areas where improvements are needed. Furthermore, the research will consider the impact of recent policy reforms and case law on the rights and duties of public corporations. It will analyze how these developments have shaped the evolving landscape of public sector governance in India. By examining the interplay between rights and duties, this study aims to contribute to a deeper understanding of the challenges and opportunities faced by public corporations in India and to provide insights for policy makers and stakeholders.