The Supreme Court in Cheviti Venkanna Yadav vs. State of Telangana and Ors, has upheld the constitutional validity of sub-section (3) of Section 5 of the Andhra Pradesh (Agricultural Produce and Livestock) Markets (Amendment) Act, 2015. Section 5 of the Andhra Pradesh (Agricultural Produce and Livestock) Markets (Amendment) Act, whereby the term of the market committee was reduced from three years to one year by giving retrospective effect in the Amendment Act, was under challenge before the Andhra Pradesh High Court. Aggrieved by the decision of division bench of the high court which had upheld the provisions, an appeal was preferred before the apex court. The court observed that after the legislature came into existence, it has the competence to enact any law retrospectively or prospectively within the constitutional parameters (M/s. Rattan Lal and Co. and another etc. v. The Assessing Authority, Patiala and another). The bench also added that the legislature has the power to enac...