M/S.DURGA OIL CO vs STATE OF UP

The Supreme Court held that the appellant's license under Form XI of the Petroleum Rules does not authorize the storage and sale of High Speed Diesel from an underground tank with a dispensing pump unit. The Court analyzed the provisions of the Petroleum Act, particularly Sections 2(a), 2(bb), 4, 7, and 29, concluding that the High Court's interpretation was correct in prohibiting such practices. The appeal was dismissed, affirming the High Court's decision.