Four employees unions at the Mumbai refinery of Bharat Petroleum Corporation Ltd (BPCL) have jointly filed a writ petition in the Mumbai High Court seeking a court order to quash the “restrictive clause” in the Employee Stock Purchase Scheme (ESPS) that excludes workers litigating against the planned privatisation of the state-run company from its ambit.
The condition is illegal, arbitrary, discriminatory and ultra vires the Constitution, according to the Unions.
The Unions said their members are sought to be “penalised and punished for seeking to challenge the strategic disinvestment of BPCL”.
“The case is directly linked to the strategic disinvestment of BPCL, which is the subject matter of challenge in two writ petitions (filed earlier by the Unions). It is a fit case where the Court is required to set aside the said condition in the ESPS and also undertake strict judicial scrutiny of the entire decision-making process relating to