Delhi HC to hear PIL on VSNL investment on Friday

The Delhi High Court is likely to hear a PIL on Friday challenging a decision of the VSNL, whose management control was recently acquired by Tatas from the Government, to invest Rs 1,200 crore in Tata Tele Services.

NEW DELHI: The Delhi High Court is likely to hear a PIL on Friday challenging a decision of the VSNL, whose management control was recently acquired by Tatas from the Government, to invest Rs 1,200 crore in Tata Tele Services.
The PIL filed by Forum for Justice and Peace (FJP) through its secretary R K Maheswari alleged that under the garb of privatisation, the Government of India was selling profit-making assets at throw-away prices.
Challenging the decision of VSNL to invest Rs 1,200 crore in TTSL, the petitioner sought appointment of receiver-cum- local commissioner, preferably a retired High Court Judge, to take possession of the VSNL documents pertaining to the investment.
It also sought a direction from the court to the TTSL to produce documents regarding the investment. The other respondents in the PIL are VSNL and Ministry of Communication. PTI
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