The Economic Times

Delhi HC orders status quo on Centre's refusal to extend Vedanta's PSC, stays ONGC takeover

The Delhi High Court has ordered a status quo on the Union government's decision to deny Vedanta Limited an extension for its offshore oil and gas block PSC. The court's directive halts the planned takeover of the block by ONGC, pending further orders. Vedanta had challenged the government's rejection, citing procedural irregularities and a violation of natural justice principles.