Status Quo Ordered on ONGC Takeover of Vedanta’s Gujarat Offshore Oil Block: Delhi High Court
The Delhi High Court has ordered maintenance of status quo on the Union Government’s decision to take over an offshore oil block operated by Vedanta Limited off the Gujarat coast. The order has effectively put on hold the Centre’s direction asking Vedanta to stop operations and hand over the oil block to ONGC. The interim relief was granted by Justice Amit Sharma, who held that the issues raised by Vedanta…
