DEEPAK FERTILISERS & PETROCHEMICALS CORPORATION LTD. - Updates
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| 09 Feb 2016 | |
| Deepak Fertilisers & Petrochemicals Corporation Ltd has informed BSE that pursuant to the Order by Ministry of Petroleum & Natural Gas (MOPNG), the supply of domestic gas to the Company's Plant situated at Plot No.K-1, Taloja MIDC, Dist. Raigad, Maharashtra had been stopped by Gas Authority of India Ltd. (GAIL) and Reliance Industries Ltd. (RIL) w.e.f. 6.00 a.m. on May 15, 2014. The Company challenged this decision by filing the Writ Petition W.P.(C) No. 2973 of 2014 before the Honble High Court of Delhi.<BR><BR>The Single Judge of Honble High Court of Delhi vide his Order dated July 07, 2015 disposed of the Writ Petition No. 2973 of 2014 and directed the Government of India to resume the supply of gas to the Company. However, the supply of natural gas was not restored and therefore an appeal was filed before the Division Bench of the High Court of Delhi.<BR><BR>The Division Bench of Honble High Court of Delhi vide its Order dated October 19, 2015, reaffirmed the direction of the Learned Single Judge in his Order dated July 07, 2015 to resume supply of natural gas to the Company.<BR><BR>The Union Government of India filed a review petition before the Honble High Court of Delhi, seeking review of the Order dated October 19, 2015.<BR><BR>The Division Bench of the Honble High Court of Delhi, vide its Order dated February 02, 2016, which has been received on February 09, 2016, dismissed the aforesaid review petition of Union Government of India for the reasons explained in the Order. | |
| View all announcements for DEEPAK FERTILISERS & PETROCHEMICALS CORPORATION LTD. | Source: BSE India |
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