Delhi High Court overturns arbitration award favouring Reliance in $1.7 bn gas migration dispute | Company Business News
In a setback for Mukesh Ambani-led Reliance Industries Ltd (RIL), the Delhi High Court’s (HC) division bench on Friday overturned an international arbitration tribunal’s ruling that had previously favoured the company in its $1.7 billion dispute with Oil and Natural Gas Corp. Ltd (ONGC) over alleged gas migration from adjoining fields. The bench, comprising justices … Read more
