BackDelhi high court to hear Cairn India plea, drug ban case
Meanwhile, the Patiala house court is expected to hear Arun Jaitley's criminal defamation case against Delhi CM Arvind Kejriwal after 2pm
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New Delhi: The Delhi high court has some big-ticket commercial matters listed for Thursday, including the Cairn India plea to export excess crude and the drug ban case.
Meanwhile, the Patiala house court is expected to hear finance minister Arun Jaitley’s criminal defamation case against Delhi chief minister Arvind Kejriwal after 2pm.
Cairn India’s plea to export excess crude
The case relates to a plea by Cairn India before the Delhi high court, seeking export of excess crude it extracted from its Barmer oil fields in Rajasthan. Cairn India had told the court in earlier hearings that despite repeated orders by the court, Oil and Natural Gas Corp. (ONGC) had failed to clarify if it would pick up its share of the crude oil, forcing the company to sell it to domestic companies at a loss. Cairn, a Vedanta group company, has a production sharing contract (PSC) with ONGC under which it gets 70% of crude from the well, while the state-owned company gets 30%. Read more
On 1 March, Cairn told the court that no permission or no-objection certificate is required from the oil ministry for it to export the surplus and that it was permitted under the foreign trade policy.
During the last hearing, the court questioned the Union government and asked it to show any statutory source or policy document which barred export of crude in India. Read more
Drug ban
The Delhi high court will continue hearing the government defend its ban on 344 fixed dose combination (FDC) drugs. Major pharma companies have moved the court against the ban and the court has already granted an interim stay on the drugs. Read more
Antrix-Devas arbitral award
The Delhi high court will hear a plea brought by Devas Multimedia Pvt. Ltd after an arbitral award ruled Isro’s Antrix Corp. Ltd to pay damages worth $672 million to Devas Multimedia Pvt. Ltd for cancelling a contract four years ago, citing national security reasons. During an earlier hearing, the court had sought a reply from Antrix to Devas’ claims and directed that it be restricted to the question of jurisdiction alone. Read more
Arun Jaitley’s criminal defamation case against Arvind Kejriwal
Finance minister Arun Jaitley’s criminal defamation case against Delhi chief minister Arvind Kejriwal and five others will be heard on Thursday. Kejriwal and others were granted bail in the case on 7 April. On 9 March, chief metropolitan magistrate Sumit Dass summoned Kejriwal and others over defamation charges levelled by Jaitley. The finance minister approached the Patiala house court, slapping criminal defamation charges on Kejriwal for false and defamatory statements allegedly made by him regarding siphoning funds from the Delhi District Cricket Association when Jaitley was its president.
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