Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Hindu
The Hindu
National
PTI

SC seeks CBI response on providing copy of probe into disinvestment of govt. share in Hindustan Zinc

Supreme Court of India. | File (Source: The Hindu)

The Supreme Court on Wednesday sought the CBI’s response on providing a copy of its probe report closing the preliminary inquiry into the disinvestment of the government’s share in PSU Hindustan Zinc Limited in 2002.

Also read | Should the government exit navratna companies?

A Bench headed by Chief Justice S.A. Bobde took note of the submission of lawyer Prashant Bhushan, appearing for an association of officers related to the PSU firm, that there were corrupt practices in divesting government shares in Hindustan Zinc Limited during the NDA regime.

On being told by Solicitor General Tushar Mehta that preliminary inquiry into the case has been closed, the Bench asked him to apprise the court whether it can provide a copy of its closure report to the complainant which has alleged corrupt practices in the deal.

Also read | Will the government’s stand on privatisation of public sector units help the economy?

In 2002, the Centre had decided to divest its controlling shares in Hindustan Zinc Limited and a PIL was filed in 2013 seeking CBI probe into the deal and restraining the government from further divesting its share in the PSU firm.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.