Gujarat HC declares Co-operative amendment as Unconstitutional !

Dear All,

The Gujarat HC has declared as Unconstitutional the 97th Constitutional Amendment dealing with Co-operatives. The judgment was delivered by a division bench led by Chief Justice of Gujarat HC - Bhaskar Bhattacharya. 

Here goes the link to an article in Business Standard in this regard... 

http://www.business-standard.com/article/economy-policy/guj-hc-certain-provisions-of-97th-amendment-unconstitutional-113042200816_1.html

More details also here.. http://www.legallyindia.com/201304233619/Bar-Bench-Litigation/97th-cooperatives-amendment-unconstitutional-says-guj-hc?utm_source=dlvr.it&utm_medium=twitter

A large section of the Co-operative sector was unhappy with the amendment, since they felt that the Centre was encroaching upon a State subject. HC ruling copy is awaited.