‘Food items and bottled water should be sold at regular prices inside multiplexes’

The Bombay High Court has ruled that food items and bottled water be sold at regular prices inside multiplexes. The directive was issued by a division bench of Justices S.M. Kemkar and M.S. Karnik last week in response to a Public Interest Litigation (PIL) filed by Mumbai resident Jainendra Baxi. He had challenged the prohibition on carrying outside food in movie theatres and multiplexes across Maharashtra, according to the Economic Times.
 
Justice Kemkar observed: “The price of food and water bottles sold inside movie theatres are, indeed, exorbitant. We have ourselves experienced it. You (multiplexes) should sell it at the regular price.”
 
The court said that if multiplexes were prohibiting people from bringing outside food, then there should be a total prohibition on eatables. “Then you (multiplexes) cannot have your own vendors selling food and other snacks inside,” said Justice Kemkar.
 
The government pleader, Purnima Kantharia, told the court that the state would soon frame a policy on the issue, after taking into consideration the suggestions of the petitioner and the Multiplex Owners’ Association (MOA). The MOA is a nationwide body of cinema theatre owners. The policy is likely to be framed within the next six weeks, she told the court. The bench will now hear the petition on 12th June.

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Changes in Our Business Model
 
 
Greetings from Moneylife Advisory Services
 
Between financial years 2019-21, SEBI has come up with extensive changes to investor advisor regulations. On Sep 23, 2020, SEBI had issued new additional guidelines. This comes just two months after extensive changes announced in July 2020. Earlier, in December 2019 there was an ad hoc circular
 
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