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The Supreme Court, in a majority ruling by a nine-judge Constitution Bench, declared that not all privately-owned resources can be used by the State as "material resources of the community" for the common good. Chief Justice D.Y. Chandrachud emphasized that interpreting every private property as available for state acquisition aligns with outdated economic theories. The court highlighted India's economic shift from socialism to market-based reforms, and rejected rigid economic dogmas. It held that resource acquisition must be context-specific and necessary for community wellbeing. Justice Sudhanshu Dhulia dissented, while Justice B.V. Nagarathna partially agreed with the majority view.
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