Privatisation will result in threat to security of nation: Challenge to BEML disinvestment in Karnataka High Court

Should the proposed privatisation of BEML go through, it will be the first time in Indian history that the Ministry of Defence loses control over one of its companies, the plea stated.
Karnataka High Court
Karnataka High Court
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The Karnataka High Court on Wednesday issued notice on a plea challenging the in-principle approval given by the Central government for the strategic disinvestment of 26 percent equity in Bharat Earth Movers Limited (BEML) [BEML Staff Association & Ors v. BEML Limited].

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