Koch: Flaying the petrol price hike often, the Kerala High court on Friday said the Central and state government can not "clean hands" off and the Indian Oil Corporation and Reliance Petroleum led before their balance sheets and quarterly reports for three weeks.
Within a year, the last one, not 40 percent hike in oil prices, a common man, a banking division, acting Chief Justice CN Ramachandran Nair and Justice PS Gopinathan hardhship huge impact on the observation that oral.
Frequent price hikes for gasoline was up PIL against former MP PC Thomas, said, "and political parties are to protest. Consumer resistance is not. The hikes getting adjusted regularly. We are concerned about the price hike."
The court said that the hike in two Wheeler riders and owners of small cars, which affects mainly the rich and not as belonging to the premium diesel cars.
When the PIL said the state government advice was politically motivated, the court said the policy is approved in the public interest.
He also directed the state governments and the central bank's counter file sworn in three weeks, the state-owned IOC and Reliance Petroleum asking their balance sheets and quarterly reports as well as production.
The Court, however, said the pricing of petroleum products is a policy matter for the authority of the central government and is not to interfere with present-day hike.
Previously, Thomas was a PIL challenging hikes and oil companies often grant authority to fix prices was filed.
Oil companies once again decided to increase the price of petrol, and that petitioner was seeking to hike, the court was not allowed.
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