NEW DELHI: The Delhi High Court Friday dismissed as “not maintainable” the Centre’s plea relating to the appointment of two of three judges on an arbitration panel looking into cost recovery dispute in Reliance Industries Ltd’s (RIL) KG-D6 gas block.
The Union government had moved the court to seek a declaration that the two judges should be discharged from their functions due to alleged bias.
Justice Yashwant Varma of the Delhi High Court upheld the preliminary objection raised by the counsel for RIL and said the petition of the Union Ministry of Petroleum and Natural Gas was dismissed as being not maintainable.
The court, however, clarified that it has neither considered nor ruled upon the allegations levelled by the government against the members of the Arbitral Tribunal, and all contentions were kept open.
The RIL had in November 2011 initiated an arbitration disputing disallowance of over $2.3 billion of KG-D6 cost by the government on grounds of gas output lagging targets. In 2014, it named former
هذه القصة مأخوذة من طبعة December 10, 2022 من Millennium Post Delhi.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة December 10, 2022 من Millennium Post Delhi.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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