India’s minister of law and justice Veerappa Moily unveiled a “national litigation policy” today under which the government “must cease to be a compulsive litigant” by creating a new layer of supervisory bureaucracy, reducing appeals and reviewing all existing cases, while tightening legal panels and increasing fees of lawyers representing the government.

Amarchand, Ashurst and Luthra & Luthra have restarted their work on the exhumed Oil India initial public offering (IPO), which the government hopes will fill its coffers by up to Rs 2,400 crore ($500m).