Wednesday, December 14, 2022

SC censures Centre for delaying int'l arbitration with Reliance

Heavens will fall, retorted the Supreme Court on Monday while admonishing the Union government for its eleventh-hour attempt to scuttle the commencement of an international arbitration proceedings initiated against it by Reliance Industries, BP Exploration and Niko Resources over a cost recovery dispute of $400 million involving natural gas exploration in the KG-D6 block.

from Times of India https://ift.tt/mecDJ5O

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