"Why don't you people take credit of cleaning Delhi air? You could enumerate the steps to be taken and why you are asking the court to do it," the Supreme Court bench hearing the PIL said.
According to information procured by RTI activist, Sanjay Shirodkar, around 14 PSUs such as SAIL, Coal India, and ONGC had showed more than Rs 7,500 crore as bad debts between 2006 to March 2012.
In a candid admission, a three-judge bench led by Justice TS Thakur said the order was indeed “unprecedented but justifiable” since it is “doing what comes naturally” approach to the problem at hand, which required su
SC issued notices on appeals by the societies, which argued they would not come under the Banking Regulation Act and hence no question of obtaining licenses could arise.