The oil company told the court that it had entered into an agreement with Simplex Projects Limited in 2017 for undertaking certain work at the Bongaigaon facility of IOCL in Assam
The earlier injunction preventing such sales and was impairing the firms' ability to pay off their lenders outside the scope of NCLT
The high court is encouraging litigants involved in various disputes, from commercial to matrimonial issues, to go for mediation to resolve their differences
It all began in 2004, when the former chairman of Birla Corporation, Priyamvada Birla, died
The public interest litigation was filed by a Kolkata-based lawyer, Sanjib Kumar Dan, and was last heard on July 15 when the Centre's reply was sought
The judges also said if necessary they will make an appeal to President Pranab Mukherjee to maintain the tradition