Mar 08: The state of Nagaland, taking advantage of a Constitutional loophole, had announced its own E&P policy, independent of the central government.
8Bids were invited, and blocks awarded.
8But will the entire process stand up to judicial and constitutional scrutiny?
8The answer is a clear "no".
Find out the antecedents of this one company which bet on Nagaland's new rules, and is likely to emerge a loser
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