SC admits plea against oil fields transfer
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23/04/1999
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Business Line (New Delhi)
The Supreme Court today admitted a special leave petition(SLP) challenging the controversial transfer of the Mukta-Panna oil fields in Bombay High from the Oil and Natural Gas Commission (ONGC) to a joint consortium of Reliance Industries Ltd., and ONGC at an allegedly huge loss to the public exchequer.The SLP was directed against a Delhi High Court order dated January 25, 1999, dismissing a public interest petition filed by the Centre for 'Public Interest Litigation' on the basis that it did not find the contract to be 'unconscionable'.