Supreme Court of India

Arun Kumar Agrawal v. Union of India & Others

Neutral citation
Reported as [2013] 3 S.C.R. 508
Bench K.S. Radhakrishnan and Dipak Misra JJ.
Decided 9 May 2013

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

7 Supreme Court benches have cited this judgment.

What the Court ordered

We are of the view that on facts, as well as on law, the ONGC and the Government of India have taken a prudent C commercial and economic decision in public interest.

Judgment, page 33

From the headnote

CONSTITUTION OF /NOIA, 1950: Art. 32 - Writ petition challenging approval granted by Government of India for acquisition of majority stake in GIL and for a direction to ONGC to exercise its right of pre­ emption over sale of shares of GIL - Held: The decision taken by ONGC not to exercise its RoFR was taken after elaborate 0 and due deliberations - ONGC and Government of India have considered various commercial and technical aspects flowing from PSC and also its advantages that ONGC would derive if the Cairn and Vedanta deal was approved - Court cannot sit in judgment over the commercial or

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