FDI policy renders PIL against Bharti Walmart futile: Centre
New Delhi: The Centre on Wednesday told the Delhi High Court that the PIL against Bharti Walmart Private Limited and Bharti Retail Limited for alleged violation of FDI policy in retail sector will not "survive" in the wake of the new policy on the issue.
"In the wake of the new policy on foreign direct investment (FDI) in retail sector, it (the PIL) will not survive," Additional Solicitor General (ASG) Rajiv Mehra told a bench headed by Chief Justice Darmar Murugesan.
The ASG told the bench, also comprising Justice Rajiv Sahai Endlaw, that in the changed scenario, when the FDI in retail has been allowed, the petition loses its relevance.
The counsel for scientist and environmental activist Vandana Shiva, who had filed the PIL, also echoed the view of the ASG saying "she would take fresh instructions in the wake of the new FDI policy."
Justice Murugesan, who assumed charge today as Chief Justice, then posted the matter for hearing on September 26.