Gas Transmission India Private Limited vs Petroleum & Natural Gas Regulatory ... on 4 October, 2023
In Jay Madhok Energy Private Limited v. Petroleum & Natural Gas
Regulatory Board, (2017 SCC OnLine APTEL 11), the grounds which were
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Judgment in Appeal No. 156 of 2023 Page 72 of 133
addressed by this Tribunal were: (i) the Board had served the show-cause
notice on the Appellant for cancellation of the authorization by quoting both
Regulations 11 and 16 of the 2008 Regulations, whereas cancellation of
authorization was effected by the impugned order relying only on Regulation
11; and (ii) the authorization was cancelled by the impugned order on the
ground that the Appellant did not submit the Gas Supply Agreement and the
Financial Closure acceptable to the Board, whereas both the documents i.e.
the Gas Supply Agreement and the Financial Closure were duly submitted
by the Appellant.