https://www.taxtmi.com/caselaws?id=103454 The court upheld the legality of the second round of disinvestment, finding no irregularities in the process. It determined that the government's actions did not repeat past mistakes, as shares were sold separately, offered broadly, and included discounts for employees. The court rejected claims of discrimination in share pricing and the necessity for prior consultation with management and unions. While dismissing the petitioners' requests, the court emphasized the importance of workers' participation in PSEs and directed the government to develop a scheme ensuring meaningful implementation of the disinvestment policy in line with constitutional goals. en-us Thu, 18 Sep 1997 00:00:00 +0530 Wed, 22 Feb 2012 18:24:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103454 The court upheld the legality of the second round of disinvestment, finding no irregularities in the process. It determined that the government's actions did not repeat past mistakes, as shares were sold separately, offered broadly, and included discounts for employees. The court rejected claims of discrimination in share pricing and the necessity for prior consultation with management and unions. While dismissing the petitioners' requests, the court emphasized the importance of workers' participation in PSEs and directed the government to develop a scheme ensuring meaningful implementation of the disinvestment policy in line with constitutional goals. Case-Laws Companies Law Thu, 18 Sep 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103454