Plea before Delhi High Court seeks probe into disinvestment of Ferro Scrap Nigam

As per the plea moved by Rourkela Mazdoor Sabha, the Union government's disinvestment process which resulted in the selection of Japanese company Konoike Transport as the strategic buyer, is flawed.
Delhi High Court
Delhi High Court
Published on
2 min read

A petition has been filed before the Delhi High Court seeking a court-monitored or Central Bureau of Investigation (CBI) probe into the proposed disinvestment of Ferro Scrap Nigam Limited (FSNL), a steel public sector undertaking (PSU), by which the company and its full management control is sought to be transferred to Japan-based Konoike Transport Co.

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