High Court stays govt's decision to ban PricewaterhouseCoopers
Kochi: Kerala High Court has stayed the state government’s decision ban PricewaterhouseCoopers (PwC) consultancy. The interim stay was pronounced by the High Court bench led by Justice PV Astha in the petition filed by PwC.
The government had banned PwC for 2 years. The consultancy approached the High Court stating that the government did not listen to their arguments before issuing the ban. The petition also stated that the government did not point out the reasons for issuing the ban.
The state government decided to ban PwC for the lack of transparency in their appointments and for employing an unqualified professional. The government also decided to remove them from the K-FON project.
The government's initial plan was to blacklist the company. However, later they decided to ban the consultancy after considering the circumstances that could arise in the future. The government will have to given an explanation on why the ban was implemented when the case will be considered again next week.