The union cabinet has not listed Vedanta Resources acquisition of Cairn India for $9.6-billion. This week there will be a discussion on this issue and Cairn possibly asked to resubmit applications seeking government approval for the deal excluding any conditions.

On 23rd November, Cairn India had made an announcement of the sale of its majority stake in the company to Vedanta. It had also made conditional applications, which have entered for questioning after a Delhi High Court ruling. It had made this announcement in more than three months after its parent firm Cairn Energy.

An Oil Ministry source has stated that from now onwards it is not listed on the memo of the Cabinet meeting which will held tomorrow.

However, complete support has been given by the Delhi High Court over the state's sovereignty on granting of consent in case of "any material change in the status of the companies or their shareholding". This was done for terminating Canoro Resources' contract for the Amguri oilfield in Assam by the government.

Moreover, without having the permission from the government the Canadian firm had sold shares to Barbados-based MASS Financial Corp.