High court sets aside ₹1,891 cr arbitral award against NTPC in dispute with Jindal group arm | Company Business News
New Delhi: In a relief for state-run power company NTPC Ltd, the Delhi high court has set aside an arbitral award that directed the company to pay ₹1,891 crore to Jindal Infralogistics Ltd, a Jindal Group company. The court’s single bench order, passed on 30 January, found the award to be “patently illegal and perverse”, … Read more