Podcast
Questions and Answers
What role did the 15th Finance Commission's recommendations play in Kerala's argument for additional borrowing?
What role did the 15th Finance Commission's recommendations play in Kerala's argument for additional borrowing?
- Support for the Union's decision to limit Kerala's borrowing
- Evidence of over-borrowing in previous years
- Justification for borrowing up to the maximum permissible fiscal deficit (correct)
- Argument against the need for additional borrowing
What was the primary reason for the Union contesting Kerala's bid for additional borrowing?
What was the primary reason for the Union contesting Kerala's bid for additional borrowing?
- To encourage Kerala's economic growth
- To reduce the fiscal deficit of Kerala
- To support Kerala's financial independence
- To maintain the fiscal health of the country (correct)
What was the reason behind the State of Kerala's financial hardship according to the Court?
What was the reason behind the State of Kerala's financial hardship according to the Court?
- Mismanagement of its own finances (correct)
- Inadequate fiscal space
- Strict adherence to fiscal policies
- Lack of access to borrowings
What did the Court emphasize as the responsibility of the government?
What did the Court emphasize as the responsibility of the government?
In the context of the Supreme Court ruling, what is the 'Triple-Test' principle for granting injunctions based on?
In the context of the Supreme Court ruling, what is the 'Triple-Test' principle for granting injunctions based on?
What consequence did the Court mention if it issued interim mandatory injunctions in cases like this one?
What consequence did the Court mention if it issued interim mandatory injunctions in cases like this one?
How do prohibitory injunctions differ from mandatory injunctions according to the Supreme Court's explanation?
How do prohibitory injunctions differ from mandatory injunctions according to the Supreme Court's explanation?
What did the Union of India argue regarding the State of Kerala's fiscal space?
What did the Union of India argue regarding the State of Kerala's fiscal space?
What evidence did the Union provide to counter Kerala's bid for additional borrowing?
What evidence did the Union provide to counter Kerala's bid for additional borrowing?
What law guided the Court's decision-making regarding fiscal responsibility?
What law guided the Court's decision-making regarding fiscal responsibility?
Why did the Court refuse to issue an interim mandatory injunction?
Why did the Court refuse to issue an interim mandatory injunction?
Why did the Supreme Court rule against granting interim relief to Kerala in this case?
Why did the Supreme Court rule against granting interim relief to Kerala in this case?
What is the first part of the 'Triple Test' for granting injunction orders?
What is the first part of the 'Triple Test' for granting injunction orders?
The Supreme Court explained the Triple Test for granting which type of injunction?
The Supreme Court explained the Triple Test for granting which type of injunction?
Why did the Supreme Court deny Kerala's prayer for an interim injunction against the Union's Net Borrowing Ceiling?
Why did the Supreme Court deny Kerala's prayer for an interim injunction against the Union's Net Borrowing Ceiling?
What does 'Balance of convenience' refer to in the Triple Test for granting injunction orders?
What does 'Balance of convenience' refer to in the Triple Test for granting injunction orders?
'Irreparable injury' in the 'Triple Test' implies what about the injury faced by the plaintiff?
'Irreparable injury' in the 'Triple Test' implies what about the injury faced by the plaintiff?
What did the State of Kerala challenge in its lawsuit against the Central Government?
What did the State of Kerala challenge in its lawsuit against the Central Government?
What was the main concern of Justice Surya Kant and Justice K.V.Vishwanathan regarding the grant of interim relief?
What was the main concern of Justice Surya Kant and Justice K.V.Vishwanathan regarding the grant of interim relief?
Who represented the Plaintiff in the case against the imposition of a 'Net Borrowing Ceiling' by the Union?
Who represented the Plaintiff in the case against the imposition of a 'Net Borrowing Ceiling' by the Union?
Why did the State of Kerala seek a mandatory injunction against the imposition of a 'Net Borrowing Ceiling' by the Union?
Why did the State of Kerala seek a mandatory injunction against the imposition of a 'Net Borrowing Ceiling' by the Union?
Who appeared for the defendant, Defendant – Union of India, in court?
Who appeared for the defendant, Defendant – Union of India, in court?
What did Justice Surya Kant and Justice K.V.Vishwanathan emphasize as a consequence if the interim injunction is granted and the suit is eventually dismissed?
What did Justice Surya Kant and Justice K.V.Vishwanathan emphasize as a consequence if the interim injunction is granted and the suit is eventually dismissed?
What argument did the State of Kerala put forward regarding the power of the Union to regulate State borrowings?
What argument did the State of Kerala put forward regarding the power of the Union to regulate State borrowings?
Flashcards are hidden until you start studying
