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The Hindu
The Hindu
National
Special Correspondent

HC notice to Centre on plea against disinvestment in BEML

BEML
  (Source: THE HINDU)

The High Court of Karnataka on Tuesday ordered issue of notice to the Centre on a PIL petition questioning the decision to privatise BEML Ltd., a public sector undertaking, by way of ‘strategic disinvestment’ of 26% equity out of the Government of India’s total 54.03% shareholding in the company.

A Division Bench comprising Chief Justice Ritu Raj Awasthi and Justice Suraj Govindaraj passed the order on the PIL petition filed by four staff and employees’ associations of BEML.

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