A Bench of justices S Ravindra Bhat and A K Chawla asked the CBI to inform it about the preliminary enquiry (PE) it has conducted against one of the firms based on the Directorate of Revenue Intelligence (DRI) show-cause notices.
It is also Russia's single-largest foreign investment made anywhere in the world. The deal includes acquisition of Essar Oil's (EOL) 20 million tonne Vadinar refinery in Gujarat and its retail outlets, as well as the Vadinar Port at an additional $2 billion.
During the session, it was stated that the Maharashtra Industry, Trade and Investment Facilitation Cell (MAITRI) aims at “Ease of Doing Business” in the state, with a view to enhance economic industrial growth of the state.
The Supreme Court Friday noted that its interim orders in favour of big corporate groups such as Vedanta, Adani and Essar may have blocked thousands of crores that could have been used by governments for public welfare.