1. The petitioner, M/S Bhatia Service Station seeks quashing of termination letter dated 14.09.2012 issued by the General Manager, Indian Oil Corporation Ltd., New Delhi (respondent herein) whereby dealership of the petitioner to the petrol retail outlet at premises bearing No.4, Factory Road, Ring Road, near Trauma Centre, Safdarjung Hospital, New Delhi has been terminated.

2. The facts germane to the present petition are that the respondent is a company fully controlled and managed by the Central Government, being the national oil distributing concern is engaged in refining, pipeline transportation and marketing of petroleum products to exploration and production of crude oil and gas, marketing of natural gas and petrochemicals. The petitioner is an authorized dealer of the respondent since 1960 and has been operating a retail outlet from the aforementioned premises since then. The constitution of the petitioner concern has been changed and approved by the respondent from time to time and as on date Smt. Vandana Aggarwal is the sole proprietor of the petitioner concern. The last and subsisting dealership agreement was executed between the parties on 11.11.2009.

3. On 27.