CAM advises Bharat Petroleum Corporation
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BPCL will subscribe to shares of the JV Co and will hold a 40% stake on completion of the transaction.

Bombay High Court
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Once petitioner-Mukand Poly Products expressed its inability to supply pipes with 82.36% Local Content and that it will cater the supplies pursuant to the procurement order with its product having 51.45% Local Content, it will amount to abandoning the contract.

Bombay High Court
Case BriefsHigh Courts

The Court noted that the appellate authority formed under BPCL’s Policy remedy would have comprised of their officers, and the same could not be permitted as BPCL could not be a judge in their own cause.

calcutta high court
Case BriefsHigh Courts

The changes made in the supplementary partnership deed without the previous approval of BPCL are violative of Clause 21 of the distributorship agreement.