Q. Why did the Supreme Court, in their judgment of September 2003, hold that privatization of HPCL and BPCL was not permissible? - Study24x7
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Q. Why did the Supreme Court, in their judgment of September 2003, hold that privatization of HPCL and BPCL was not permissible?

A

Due process of law for disinvestment had not been followed.

B

It is against the interest of the capital asset in the form of their employees.

C

It had not been recommended by the Disinvestment Commission.

D

It is in conflict with the statues that created HPCL and BPCL.

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