HC freezes govt action on Vedanta's offshore oil block
New Delhi, Jan. 8 -- In relief to Vedanta Ltd, the Delhi High Court has ordered status quo on the Union government's direction asking the company to stop operations and hand over the CB-OS/2 offshore oil and gas block in Gujarat to the Oil and Natural Gas Corp. (ONGC). A single judge bench of Justice Amit Sharma passed the interim order on Tuesday. The order effectively puts the government's takeover plan on hold while Vedanta's legal challenge is examined....
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