New Delhi, Sept 25: Government is looking at all options, including a review of the Supreme Court judgement that stayed the disinvestment of stake in oil PSUs HPCL and BPCL, by a larger bench. "We are looking at all options. When we decide on something, we will tell you," Law Minister Arun Jaitley told reporters on the sidelines of a conference on income tax appellate tribunal here today.
"There is an option. But I will not tell you now," Jaitley, who was on his way to meet Disinvestment Minister Arun Shourie, said. One of the options that government is believed to be considering is review of the Supreme Court judgement by a Constitution bench.
The Supreme Court halted the disinvestment of HPCL and BPCL while asking the Centre to get approval from Parliament before going ahead with the sell-off of the oil PSUs. The court said the government through an executive order could not override a parliamentary legislation that created HPCL and BPCL in 1974 after acquiring the assets of Esso and Burmah Shell. Bureau Report