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Hedging
hedged
SC
withdraws interim junctions
By
Stanley Samarasinghe and Rathindra Kuruwita
Adding another twist to the controversial hedging agreement,
the Supreme Court (SC) yesterday decided to revoke the interim
injunction against fuel hedging. The bench which comprised
Chief Justice Sarath N. Silva and Justices Shiranee Thilakawardana
and K. Sripvan made this decision claiming that the interim
order was revoked since maintaining that injunction was pointless
as the Executive neglected to carry out directives given by
the SC to reduce the price of petrol.
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Yes!
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| MULLAITTIVU,:
A soldier stands guard in front of a Tamil Tiger
emblem in Mullaittivu, the former military headquarters
of the Tamil Tiger rebels. Security forces wrested control
over the area on January 25, 2009 after a year of heavy
fighting (AFP) |
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