GANGTOK, India, June 5 -- Sikkim High Court issued the following judgment/order on May 15:
1. The petitioner by way of this Public Interest Litigation seeks a writ of mandamus or other appropriate writs/direction for quashing the impugned decision of the Cabinet, dated 03-02-2024, of the respondent no.1, where it was decided to disinvest 60.08% equity share of respondent no.6 [Sikkim Power Investment Corporation Limited (SPICL)], in respondent no.5 [M/s Sikkim Urja Limited (SUL)] to respondent no.8 (M/s Greenko Enterprises Private Limited), along with disinvestment of respondent no.7 (Sikkim Power Valley Transmission Limited, now Power Valley Transmission Limited). According to the petitioner, this is in contravention of the hydro policy o...