Supreme Court Restrains Government in Disinvestment of Public Sector Undertakings Due to Legislative Non-Compliance. Disinvestment of HPCL and BPCL without amending relevant statutes violates the legislative intent of maintaining government control over these entities....
The case involved two writ petitions challenging the Indian Government's decision to sell majority shares in Hindustan Petroleum Corporation Limited (HPCL) and Bharat Petroleum Corporation Limited (BP...




