business 🏛️ Supreme Court ditches old worker-friendly 'industry' rule
The Supreme Court ruled that the expansive 1978 interpretation of 'industry' will not apply to the new Industrial Relations Code, 2020. This decision was made by the nine-judge Bench led by Chief Justice Surya Kant in New Delhi. The verdict came on Thursday, August 20, 2026, addressing the legacy of the 1978 judgment. The majority held that the new code's interpretation of 'industry' starts fresh, unburdened by the 1978 precedent. However, Justice B.V. Nagarathna strongly dissented, urging retention of the broad definition to protect workers. ⚖️