AG’s opinion on HPCL, BPCL likely next week, more information sought

Sorabjee is flying to Mauritius this weekend and is expected to return on Wednesday, sources said. AG’s opinion is likely after he gets all the relevant informations from the disinvestment ministry after his return.

The Cabinet Committee on Disinvestment at its meeting on December 27 had deferred the issue of quantum and modalities of disinvestment in the two oil corporations for want of AG’s opinion.

Disinvestment Minister Arun Shourie, who had promised in Parliament that AG’s opinion would be taken on whether there was a need for the government to seek either repeal or amendment in the concerned acts under which two PSUs were acquired in 1970s, had also met Sorabjee on Saturday last in this connection.