High Court of Punjab and HaryanaCWP/8697/2015dismissed

Central Institute Of Plastics Engineering & Technology (Cipet) v. Indian Oil Corporation Limited And ANR

2015-08-24Mr. Justice M.M. Aggarwal,Mr. Justice Dr. Shekher Dhawan11 pages

" !#$ !

" !%$ !

" !%$ &'()*+',(-(.(& +*,(-/, '0-'&&)-'01&/2'+034 5 (2!('&$ 6$7.)(2*+$-,()-/(!'&8*(4*)3*'*5

&(-(-'&) &),., '9-*' -+)8)*(-'-:-(&9$ *'-8*( *82(2*)*/;&):8+&<$ *'-8*(4*)3*'*5*'9(2&),

&,8'9&'(, 7"6 7"6 7"6 7"6

= 7

! !

= 7

! !

= 7

! !

= 7

! !

> $$$$

= 7

! !

= 7

! !

= 7

! !

= 7

! !

)&,&'("

7) *?&&@ '*'9$ 9@/*(&)(2&8&(-(-'&) 7)

9*),2 *-'$ 9@/*(&))&,8'9&'(, *'9 7) -,2*+ 00*)A*+$ 9@/*(&))&,8'9&'( # BCBCBC BCBCBC BCBCBC BCBCBC

! !

2& 8&(-(-'&)6',(-(.(& *,,*-+, (2& */(-' (2& )&,8'9&'(6'9-*' -+)8)*(-'-:-(&9-'0)*'(-'0D&'&-( 8)(&/(-' *'9 8.)/2*,& 8)&&)&'/& ( * 7-/) *'9 !:*++

'(&)8)-,&((2&&<(&'((2&/:8+&(&A);)9&)$- & E 2*++&'0&2*,*+,D&&')*-,&9(*/'9-(-'/'(*-'&9-'(2&

(-/&'@-(-'0&'9&)9*(&9# %)&0.+*(-'08)&&)&'/&( 7!

, 47-/) *'9 !:*++ '(&)8)-,&,5 *'9 A2&)&-' -( 2*, D&&' ,(-8.+*(&9(2*((2&F(&'9&)/*''(D&,8+-(G

)-& */(, *'9 A2-/2 *)& '( -' 9-,8.(& :*3 D& '(-/&9 # 2&8&(-(-'&)$&'()*+',(-(.(& +*,(-/, '0-'&&)-'0 *'9&/2'+03-,*'*.(':.,',(-(.(&.'/(-'-'0.'9&)(2& *&0-, (2& &8*)(:&'( 2&:-/*+, *'9 &()/2&:-/*+,$ 7-'-,()3 2&:-/*+, *'9 &)(-+-H&),$ @&)':&'( '9-* &,8'9&'( # I .). *'*; '0-'&&)-'0 :8*'3$ J(*$ *?*,(2*'-,*)&0-,(&)&97-/)*'9!:*++ '(&)8)-,& '9-*' -+ )8)*(-'(2).02-(,2-&7*'*0&)I)&,8'9&'( -'@-(&9

6(&'9&),(2).02* (-/&'@-(-'0&'9&)9*(&9# %) F*(& '()*/( ) 8&)*(-' *'9 7*-'(&'*'/& 7&/2*'-/*+ );,28 -' (2& *'-8*( *82(2* )*/;&) :8+&<$ *'-8*(G 2& 6(&'9&),A&)&-'@-(&9-'(A8*)(,- & &/2'6/::&)/-*+ D-9/',-,(-'0!&/(-',-5*'9--5*'9(2&8)-/&8*)( 2&8)&6 K.*+--/*(-'/)-(&)-'A*,9.+38)&,/)-D&9 -:&,/2&9.+&)(2& /'()*/(A*,(A&+@&:'(2, -9,A&)&(D&,.D:-((&9D&(A&&'

# ( +.:'#(2& (-/&'@-(-'0&'9&) ,8&/--&9 8)&&)&'/& ) 7-/)*'9 !:*++ '(&)8)-,&, ( A*, ,(-8.+*(&9 (2&)&-' (2*( (2& (&'9&) /*''( D& ,8+-( &(*-+, -'

)&0*)9 ( 8)&&)&'/& -' *@.) 7! , A&)& )&&))&9 ( *'9 *((*/2&9*, ''&<.)&== +*.,&45 ''&<.)&==*+'0A-(2 (2& (-/&'@-(-'0&'9&)A*,-'(2&++A-'0(&):," F )-/& )&&)&'/&I!.D?&/((:&&(-'0(&):,*'9 /'9-(-',,(*(&9-'(2&(&'9&)9/.:&'(-'/+.9-'0D.( '(+-:-(-'0(8)&6K.*+--/*(-'/)-(&)-*$(A&'(38&)/&'( (2&((*+K.*'(-(3(2&(&'9&)-,&*):*);&9) 7!

, )&0-,(&)&9 A-(2 *D@& :&'(-'&9 *0&'/-&,L D9-&,) (2&(&'9&)&9-(&:

2&)&(2&(&'9&)&9 K.*'(-(3/*'D&,8+-($7!

,K.(-'0*8)-/&A-(2-'*

# 8)-/&D*'9M8&)/&'(,2*++D&*++A&9(,.88+3 .8(8&)/&'( ((*+(&'9&)&9K.*'(-(38)@-9&9 (2&3:*(/28)-/& '/*,&(2&(&'9&)&9K.*'(-(3 /*''(D&,8+-($7!

,2*++D&*++A&9(,.88+3((*+ (&'9&)&9K.*'(-(38)@-9&9(2&-)K.(&98)-/&-,A-(2-' *8)-/&D*'9M8&)/&'(*'9(2&3:*(/2(2& 8)-/& '/*,&:)&(2*''&,./27!

,*)&-'(2& 8)-/&D*'9ME*'9:*(/2&,(2&8)-/&$(2& ,.88+3:*3D&,2*)&98)8)(-'*(&+3 % &(-(-'&)*,*+,)&,8'9&'( #D&-'0&+-0-D+&*'9 K.*+--&9 *, 8&) /::&)/-*+ *'9 (&/2'-/*+ )&K.-)&:&'(, 8)&,/)-D&9-'(2& (-/&'@-(-'0&'9&)0*@&(2&-)D-9,)(2& (&'9&)-'K.&,(-'*+'0A-(2(2&)&+&@*'(9/.:&'(, -9(2& 8&(-(-'&)A*,(2&+A&,(- & == -9)&,8'9&'( #- & 7-/) *'9 !:*++ '(&)8)-,& A*,$ /'/&9&9+3$ A-(2-' (2& E 8*)*:&(&)(2&8)-/&0-@&'D3(2&8&(-(-'&) ,)&,8'9&'(

# *0)&&9(:*(/2(2&8)-/&(2&8&(-(-'&)$-(2*,D&&' *++((&9(2&(&'9&) &*)'&9 /.',&+ *88&*)-'0 ) (2& 8&(-(-'&) A.+9 /'(&'9(2*((2&*/(-'(2&)&,8'9&'(6'9-*' -+)8)*(-'

-'*++((-'0(2&/:8+&(&A);)9&)()&,8'9&'( #/*''( ,.,(*-'

&+-*'/&2*,D&&'8+*/&9.8'(2& .D+-/ )/.)&:&'( +-/3) 7-/)*'9!:*++ '(&)8)-,&,47!

,5 )9&)$4) ,2)( =(2& .D+-/ )/.)&:&'( +-/3$ =5 ( *)0.& (2*( * 8)(&/(-'-')&,8&/(*A*)9(&'9&)(*8*)(-/-8*(-'07-/) *'9!:*++ '(&)8)-,&A22*,K.(&9(2&8)-/&A-(2-'(2&8)-/& D*'9==8+.,E-,*@*-+*D+&(,.88+3*8)(-'(2&(&'9&) - & (,.88+3.8(E(2&((*+(&'9&)&9@*+.& &*)'&9 /.',&+2*,,.D:-((&9(2*(-'(2&*/(,(2&8)&,&'(/*,&$(2&

% 8)-/& 8)(&/(-' 2*@-'0 D&&' 0)*'(&9 ( )&,8'9&'( #$ )&,8'9&'( 6'9-*' -+)8)*(-'2*,0'&*,(&8*2&*9-'

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

'(&)8)-,&A2-+&*A*)9-'0(2&/:8+&(&A);)9&) &) /'()*$ +&*)'&9 /.',&+ *88&*)-'0 ) (2& )&,8'9&'(6'9-*' -+)8)*(-'2*,)&&))&9((2&?-'(A)-((&' ,(*(&:&'(-+&9'D&2*+ )&,8'9&'(, *'9(,.D:-( (2*(,-'/&(2&(&'9&)8)-/&)&,8'9&'( #67-/)*'9!:*++

'(&)8)-,&A*,A-(2-' E(2&8)-/&K.(&9D3(2&+A&,( D-99&) - & (2&8&(-(-'&)$ *'9 )&,8'9&'( # 2*9 *0)&&9 ( :*(/2(2&8)-/&(2&+A&,(D-99&)$*//)9-'0+3$(2&A);)9&) 2*, D&&' *++((&9 -' (&):, +&((&) *//&8(*'/& 9*(&9 % (2*, D&&',.D:-((&9 (2*((2& (&'9&) 2*,D&&'

*++((&9,()-/(+3-'(&):,(2&/'9-(-',/'(*-'&9-'(2&'(-/& -'@-(-'0(&'9&),*'9(2&)&2*,D&&''9&@-*(-'(2&)&): *@-'02&*)9+&*)'&9/.',&+)(2&8*)(-&,$A&*)& (2&/',-9&)&9@-&A(2*((2&)&-,'-'-):-(3-'(2&*/(-'(2& )&,8'9&'(6'9-*' -+)8)*(-'-'2*@-'0*++((&9(2&/:8+&(& A);)9&)-'*@.))&,8'9&'( # 2&7-/)$!:*++*'97&9-.: '(&)8)-,&,&@&+8:&'(

/($4),2)(=(2& /(=5A*,&'*/(&9(8)@-9&) */-+-(*(-'0$ 8):(-'$ 9&@&+8:&'( *'9 &'2*'/-'0 (2& /:8&(-(-@&'&,,:-/),:*++*'9:&9-.:&'(&)8)-,&, 2*8(&)(2& /(8)@-9&,):&*,.)&,-'

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

/2&'(&)8)-,&, A-(2*@-&A(,()&'0(2&'-'0D*/;A*)9*'9)A*)9 +-';*0&,$ ,8&/-3$ D3 '(--/*(-'$ ,./2 8)0)*::&,$ 0.-9&+-'&,)-',()./(-',$*,-(:*39&&:-( )/.)&:&'( 8)&&)&'/& 8+-/3 I )/.)&:&'( 8)&&)&'/& 8+-/3 I )/.)&:&'( 8)&&)&'/& 8+-/3 I )/.)&:&'( 8)&&)&'/& 8+-/3 I ) */-+-(*(-'0 8):(-' *'9 9&@&+8:&'( :-/) *'9 ,:*++ &'(&)8)-,&,$ (2& &'()*+ @&)':&'( ) (2& !(*(& @&)':&'(:*3$D3)9&)'(-3):(-:&((-:&$ 8)&&)&'/&8+-/-&,-')&,8&/(8)/.)

*'9,&)@-/&,$8)9./&9*'98)@-9&9 D3:-/)*'9 ,:*++&'(&)8)-,&,$D3-(,7-'-,()-&,)9&8*)(:&'(,$*, (2&/*,&:*3D&$)-(,*-9&9-',(-(.(-',*'98.D+-/ ,&/()&'(&)8)-,&, '&<&)/-,&(2&8A&),/'&))&9.'9&)!&/(-' (2& /($ (2& 7-'-,()3 7-/)$ !:*++ *'9 7&9-.:

'(&)8)-,&,$ -/& &@&+8:&'( ::-,,-'&) 47!7 5 2*, '(--&9(2& .D+-/ )/.)&:&'( +-/3$ *'9(2&,*:&2*, D&&' :*9& &&/(-@& ): % +*.,&, # *'9 (2& .D+-/ )/.)&:&'( +-/3$*)&-'(2&++A-'0(&):," F+*.,&# 7*'9*()38)/.)&:&'()::-/)!:*++ +*.,&# 7*'9*()38)/.)&:&'()::-/)!:*++ +*.,&# 7*'9*()38)/.)&:&'()::-/)!:*++ +*.,&# 7*'9*()38)/.)&:&'()::-/)!:*++ *'9 '(&)8)-,&, 6 *'9 '(&)8)-,&, 6 *'9 '(&)8)-,&, 6 *'9 '(&)8)-,&, 6 45 @&)3 &'()*+ 7-'-,()3 ) &8*)(:&'() .D+-/!&/()'9&)(*;-'0,2*++,&(*' *''.*+ 0*+ 8)/.)&:&'( ): 7-/) *'9 !:*++

'(&)8)-,&, ): (2& -'*'/-*+ 3&*) 6# *'9 'A*)9,$ A-(2 (2& D?&/(-@& */2-&@-'0 *' @&)*++ 8)/.)&:&'( :-'-:.: 8&) /&'($ ((*+ *''.*+8.)/2*,&,8)9./(,8)9./&9*'9,&)@-/&, )&'9&)&9D37-/)*'9!:*++ '(&)8)-,&,-'*8&)-9 (2)&&3&*), 45 ''.*+ 0*+ 8)/.)&:&'( *+, -'/+.9& ,.D6 /'()*/(, ( 7-/) *'9 !:*++ '(&)8)-,&, D3 +*)0& &'(&)8)-,&, *'9 /',)(-* 7-/) *'9 !:*++

'(&)8)-,&, ):&9 D3 *(-'*+ !:*++ '9.,()-&, )8)*(-'

4#5 (&)*8&)-9(2)&&3&*),- & ):,( 8)-+ $@&)*++8)/.)&:&'(0*+:-'-:.:8&) /&'(,2*++D&:*9&:*'9*()3 4%5 2& &'()*+ 7-'-,()-&,$ &8*)(:&'(, *'9 .D+-/ !&/()'9&)(*;-'0,A2-/2*-+(:&&((2&*''.*+0*+ ,2*++ ,.D,(*'(-*(& A-(2 )&*,', ( (2& &@-&A

::-((&& 2&*9&9 D3 !&/)&(*)3 47-/)$ !:*++ *'9 7&9-.: '(&)8)-,&,5$/',(-(.(&9-':-'-,()37-/)$ !:*++*'97&9-.: '(&)8)-,&,$.'9&)(2-, +-/3 +*.,& )-/&K.(*(-'-'(&'9&), 6 +*.,& )-/&K.(*(-'-'(&'9&), 6 +*.,& )-/&K.(*(-'-'(&'9&), 6 +*.,& )-/&K.(*(-'-'(&'9&), 6 45'(&'9&)$ 8*)(-/-8*(-'07-/)*'9!:*++ '(&)8)-,&,K.(-'08)-/& A-(2-' 8)-/& D*'9 M 8&) /&'( ,2*++ *+, D& *++A&9(,.88+3*8)(-')&K.-)&:&'(D3D)-'0-'0 9A'(2&-)8)-/&(8)-/&-'*,-(.*(-'A2&)& 8)-/&-,):,:&'&(2&)(2*'*7-/)*'9!:*++

'(&)8)-,&*'9,./27-/)*'9!:*++ '(&)8)-,&,2*++ D&*++A&9(,.88+3.8(8&)/&'(((*+(&'9&)&9 @*+.& 45'/*,&:)&(2*''&,./27-/)*'9!:*++

'(&)8)-,&$(2&,.88+3,2*++D&,2*)&98)8)(-'*(&+3 4((&'9&)&9K.*'(-(35

/'?-'()&*9-'0!&/(-',*'9 (2&

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

,.88+3.8(E(2&((*+(&'9&)&9@*+.&

9@&)(-'0D*/;((2&*/(,(2&8)&,&'(/*,&$-'(2& '(-/& -'@-(-'0 (&'9&) 9*(&9 # %$ ''&<.)& == A*, *88&'9&9 *+'0 A-(2$ /'(*-'-'0 (&'9&) /'9-(-', ) D&'&-(,L8)&&)&'/& ) 7-/) *'9 !:*++ '(&)8)-,&, 47!

,5 +*.,& ''&<.)&==8)@-9&9)8)-/&8)&&)&'/&*'9,(*(&9 /+&*)+3(2*(A2&)&(2&(&'9&)&9 K.*'(-(3/*''(D&,8+-($(2& 7-/) *'9 !:*++ '(&)8)-,& ,2*++ D& *++A&9 ( ,.88+3 ((*+ (&'9&)&9K.*'(-(38)@-9&9-(,K.(&98)-/&-,A-(2-'*8)-/&D*'9 ==8+.,E*'9.8':*(/2-'0(2&==8)-/& '/*,& :)&(2*''&,./27-/)!:*++ '(&)8)-,&D&-'0-'(2&8)-/& D*'9 == 8+., E *'9 .8' :*(/2-'0 (2& == 8)-/&$ (2& ,.88+3 :*3 D& ,2*)&9 8)8)(-'*(&+3 *:'0,( ,./2 7! , +.:' # (2& (-/& '@-(-'0 &'9&) 9*(&9 # % )&0.+*(-'08)&&)&'/&(7!

,/*(&0)-/*++3,(-8.+*(&9(2*(F(2-, (&'9&)/*''(D&,8+-(G '.)/',-9&)&9@-&A$(2&*/(-')&,8'9&'( $ '9-*' -+ )8)*(-' -' *A*)9-'0 (2& /:8+&(& A); )9&) 4E5 ( )&,8'9&'( #$ * )&0-,(&)&9 7-/) *'9 !:*++

'(&)8)-,&/'):,((2&(&):,*'9/'9-(-',(2& (-/& '@-(-'0&'9&)9*(&9# %*'99&,'(&@&'*++.+ (2& .D+-/ )/.)&:&'( +-/3$ 2& .D+-/ )/.)&:&'( +-/3$/*))-&,*:*'9*(&(8)@-9&8.)/2*,&8)&&)&'/&-' *@.)*7-/)*'9!:*++ '(&)8)-,&,*,(*/2-&@&*'@&)*++ 8)/.)&:&'( F:-'-:.:EG F:-'-:.:EG F:-'-:.:EG F:-'-:.:EG +*.,&(2&(2& .D+-/ )/.)&:&'( +-/3$8)@-9-'0)8)-/&8)&&)&'/&A.+9 2+9(2&-&+9-'*,-(.*(-'A2&)&(2&A);)9&)/*'D&,8+-(*'9

*,,./2$*8*)(-/-8*(-'07-/)*'9!:*++ '(&)8)-,&K.(-'08)-/& A-(2-'8)-/&D*'9==8+.,EA.+9D&*++A&9(,.88+3* 8)(-'(2&)&K.-)&:&'(*'9.8(E(2&((*+(&'9&)&9 @*+.& ' (2& (-/& '@-(-'0 &'9&) 9*(&9 # %$ A2-+& 8)@-9-'0 ) 8)&&)&'/& ( 7!

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

+9 -'(&)&)& - (2& 9&/-,-' -, *)D-()*)3$ .')&*,'*D+& ) */(.*(&9D3:*+*-9&, 2-,.)(A.+9'(&'(&)-'((&/2'-/*+ -,,.&,*,)&0*)9,*A);)9&)D&-'08&'(*9-@-,-'L,8+-(*,-( 9&, '( 2*@& (2& &<8&)(-,& ( 9&*+ A-(2 ,./2 -,,.&, 2& @&)':&'()*8.D+-/,&/().'9&)(*;-'0:.,(2*@&)&&9:-' ):.+*(-'0,./2/'9-(-', 2-,.)(/*''(,-(*,*.)( *88&*+()&@-&A*'9:9-3*9:-'-,()*(-@&9&/-,-',.'+&,,(2& ,*:&*)&,2A'(D&,.&)-'0):(2&@-/&*)D-()*)-'&,,) *@.)

% '!(&)+-'0:8.(&),(9 @ 71 .D+-/*(-',(9 $ !(&)+-'0:8.(&),(9 @ 71 .D+-/*(-',(9 $ !(&)+-'0:8.(&),(9 @ 71 .D+-/*(-',(9 $ !(&)+-'0:8.(&),(9 @ 71 .D+-/*(-',(9 $

!$-(A*,2&+9*,.'9&)"

F2-+& &<&)/-,-'0 (2& 8A&) ?.9-/-*+ )&@-&A$ -' )&,8&/( /'()*/(, &'(&)&9 -'( ' D&2*+ (2& !(*(&$(2&.)(-,/'/&)'&98)-:*)-+3*,(A2&(2&) (2&)&2*,D&&'*'3-'-):-(3-'(2&=9&/-,-':*;-'0 8)/&,,= 3A*3?.9-/-*+)&@-&A(2&/.)(/*''( &<*:-'&(2&9&(*-+,(2&(&):,(2&/'()*/(A2-/2 2*@&D&&'&'(&)&9-'(D3(2& 8.D+-/D9-&,)(2& !(*(& .)(,2*@&-'2&)&'(+-:-(*(-','(2&,/8& *'3,./2&'K.-)3 .(*((2&,*:&(-:&

(2&/.)(, /*' /&)(*-'+3 &<*:-'& A2&(2&) =9&/-,-'6:*;-'0 8)/&,,= A*, )&*,'*D+&$ )*(-'*+$ '( *)D-()*)3 *'9 @-+*(-@& )(-/+&%(2&',(-(.(-'

(2&/'()*/(2*,D&&'&'(&)&9-'(A-(2.( -0')-'0(2&8)/&9.)&A2-/2/*'D&,*-9(D&D*,-/-' '*(.)&*'9*(&)*'D?&/(-@&/',-9&)*(-'9-&)&'( 8(-',*@*-+*D+&(*;-'0-'(*//.'((2&-'(&)&,((2& !(*(& *'9 (2& 8.D+-/$ (2&' /.)( /*''( *, *' *88&++*(& *.(2)-(3 D3 ,.D,(-(.(-'0 -(, 8-'-' -' )&,8&/( ,&+&/(-' :*9& ) &'(&)-'0 -'( ,./2 /'()*/(

@&'(2&)A-,&$(2&8&(-(-'&)2*9)&,8'9&9((2&

(-/&'@-(-'0&'9&)9*(&9# %*'9*,,./2$A*,D.'9 D3(2&(&):,*'9/'9-(-',/'(*-'&9(2&)&-' 2&8.)/2*,&*, *+, (2& 8)-/& 8)&&)&'/& -' *@.) * 7-/) *'9 !:*++

'(&)8)-,&,(9&'.:&)*(&9(2&)&-'

*@-'08*)(-/-8*(&9-'(2& (&'9&)8)/&,,*'92*@-'0)&:*-'&9.',.//&,,.+$-(A.+9'(D& 8&')(2&8&(-(-'&)('A(.)'*).'9*'9)*-,&*/2*++&'0& (*'3(2&(&):,*'9/'9-(-',/'(*-'&9-'(2& (-/&'@-(-'0 &'9&) ) (2& )&*,', )&/)9&9 *D@&$ (2& *++(:&'(

/:8+&(&A);)9&)()&,8'9&'( #/*''(D&(&):&9*, *)D-()*)3).')&*,'*D+& *(2&)$A&-'9(2&,*:&(D&-'

/'):-(3A-(2(2&(&):,*'9/'9-(-',/'(*-'&9-'(2& (-/& '@-(-'0&'9&)9*(&9# %*,*+,-'/','*'/&A-(2(2& .D+-/ )/.)&:&'( +-/3$ -'(&)&)&'/&$*,,./2$-, A*))*'(&9.'9&) )(-/+&(2&',(-(.(-''9-* )-(8&(-(-'-,9-,:-,,&9 4!

> 5 4!

> 5 4

! !

5 4

! !

5 4

! !

5 4

! !

5 !

!%$

!%$ !7 !7 !7 !7

(&"

2&(2&))&&))&9(&8)(&)N4 &,L 5 2&(2&))&&))&9(&8)(&)N4 &,L 5 2&(2&))&&))&9(&8)(&)N4 &,L 5 2&(2&))&&))&9(&8)(&)N4 &,L 5