Petroleum and Natural Gas Regulatory Board has no right to fix price of Natural Gas; SC [Read the Judgment]

The Supreme Court of India today dismissed the appeal (Petroleum and Natural Gas Regulatory Board vs. Indraprastha Gas Limited & Ors. CIVIL APPEAL NO.4910 OF 2015) preferred by Petroleum and Natural Gas Regulatory Board against a Delhi High Court decision by which the regulator’s order of fixing the prices of CNG and PNG in Delhi and adjoining areas was rescinded.A bench headed by...