It is what it says.
But as we know it would probably be a lot easier still, since the sale to WPL hasn't been approved and WPL is only participating via a non gazetted Arrete.
Exactly why the Govt didn't approve the sale in the first place as it was in dispute. And let's not start the "deemed approval BS".
Of course it has been said many times that if FAR aren't awarded DR then The Govt most likely no option to approve sale to WPL for lack of grounds to object?
There is no way WPL won't abide by whatever ruling the ICC hands down.
They are an international company with contracts everywhere.
They will abide.
Doesn't mean that they wouldn't launch some legal challenge, but in the first instance they will comply.
There will be many around the world watching this saga unfold and interested in the result.
If you can void PE rights by selling the company then you might as well tear up the PE clauses in most JV agreements around the world.
A new week. Are we there yet, are we there yet!
AJIMHO
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