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ARBITRAL AWARD OVERTURNED
Krishna-Godavari Basin: SC agrees to fresh plea by Reliance to resolve dispute with CentreThe Supreme Court will hear Reliance Industries' plea for an amicable resolution of the Krishna-Godavari basin gas migration dispute. The C...- RIL, foreign firms refute in SC Centre's claim of 'unjust' extraction of gas from KG basinReliance Industries and its offshore partners are strongly denying allegations of siphoning gas from ONGC fields. The companies are in the ...
- Delhi HC dismisses SpiceJet and its promoter Ajay Singh's review plea in case against Maran-Kal AirwaysThe Delhi High Court dealt a blow to SpiceJet and its founder Ajay Singh by rejecting their review petitions, accompanied by a cost penalty...
- RIL moves Supreme Court against Delhi HC ruling in $1.73 billion gas dispute with ONGCReliance Industries has approached the Supreme Court, challenging a Delhi High Court order that overturned an international arbitration rul...
- Oil Ministry seeks $2.8 billion from RIL and partners afreshReliance Industries and its partners have been directed by the oil ministry to pay $2.81 billion following a Delhi High Court ruling in a g...
- RIL shares slip 1% as Delhi HC reverses arbitration award, gov raises $2.81 billion demandReliance Industries share price: The percentage change figures extracted from the image are as follows: Over the past year, the value has d...
- ICC urges Guwahati HC to be designated as commercial court for faster resolution of arbitration appealsThe Indian Chamber of Commerce has urged the Ministry of Law and Justice to designate the Guwahati High Court as a Commercial Court. This r...
- Reliance Infra moves plea in Delhi HC to execute arbitration award won against Delhi MetroThe plea will be heard by Justice Suresh Kumar Kait on Monday. The top court had, in an order on September 9, 2020, upheld a Rs 4,662.37 cr...
- Cairn arbitration: Govt confirms French court order against Indian assetsMinister of State for Finance Pankaj Chaudhary in a written reply to a question in the Rajya Sabha said the government has filed an appeal ...
- Devas seeks to seize Air India US assets to enforce Antrix arbitration awardThe litigation filed by Devas Multimedia in a US court stems from the cancellation of a satellite deal with ISRO’s Antrix Corp. in 2011 tha...
- Cairn Energy sues Air India in US court to enforce $1.2 billion arbitration awardAir India is the only Indian carrier that flies long-haul flights to destinations such as the United States and Canada. It is unclear wheth...
- Cairn to file lawsuits to seize foreign assets of Indian PSUsCairn is looking to enforce it by seizing overseas Indian assets, Dennis Hranitzky, head of the sovereign litigation practice at Quinn Eman...
- India files appeal against Cairn arbitration awardThe appeal against a three-member tribunal at the Permanent Court of Arbitration at The Hague invalidating India's Rs 10,247 crore tax clai...
- Bank accounts, ships, planes: What all India stands to lose if it fails to pay up Cairn EnergyIf India fails to comply, it will fall foul of the New York Convention. "As India is a signatory to the New York Convention, the award can ...
- Vodafone tax case: India files application in Singapore High Court against arbitration panel verdictThe demand pertained to Vodafone's USD 11-billion acquisition of 67 per cent stake in the mobile phone business owned by Hutchison Whampoa.
- ConocoPhillips-styled Indian overseas assets seizure to collect $1.4 bn Cairn awardIn 2019, ConocoPhillips had moved US courts to seize Venezuelan state oil company PDVSA's assets to collect USD 2 billion compensation it h...
- Cairn says engaged with Indian govt on adherence to arbitration awardThe tribunal last month had overturned a Rs 10,247 crore retrospective tax demand on the British oil and gas company and asked the governme...
- Hope this settles matter: Ex-Vodafone counsel Harish SalveSenior lawyer Harish Salve said the arbitration decision should hopefully end the matter. Salve had successfully represented Vodafone in th...
- Five stressed construction companies rely on PSU arrears to gain financial health backThe quintet ET studied collectively owe banks close to Rs 40,000 crore and account for as much as 8-10 per cent of estimated bad loans.
- Remove hurdles to effective, fruitful international arbitrationThe case for India to adopt a pro-arbitration approach, and strengthen alternate dispute resolution institutions is obvious and compelling.
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