PRTC To Move Punjab and Haryana High Court Against Indian Oil Corporation

PRTC will lodge a writ appeal in the Punjab and Haryana High Court against the Indian Oil Corporation (IOC) by the coming week for charging extra for diesel’s bulk purchase. The PRTC management had asked Indian Oil Corporation to provide diesel at market rate however the Indian Oil Corporation did not think about their request.

So, the government has now decided to go to court against the company.

PRTC took this decision accompanying the Madras High Court’s provisional order in which it had asked Indian Oil Corporation not to charge extra from the Tamil Nadu State Transport Corporation for diesel’s bulk purchase.

Distracted over this, the Punjab administration directed the PRTC to buy diesel from private oil pumps located near to their depots. After that, PRTC had been buying from oil pumps providing the major discount.

This augmentation in cost of diesel obtainable in bulk has added to the PRTC’s sufferings. It has financial obligations of over Rs 50 crore with payments against the GP Fund, Motor Vehicle Tax, revised pay scale, Km-Scheme buses, revised gratuity and revised pension.

The PRTC is yet to obtain Rs 25 crore. The Punjab administration has decided to pay the firm once a year. The payment is destined to assist PRTC pay pensions to its staff.