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Delhi HC to hear Centre's $2.3-bn appeal against RIL
Mint New Delhi
|February 03, 2026
Court overruled RIL’s plea on maintainability involving the Panna-Mukta and Tapti dispute
The dispute dates to 1994 and hinges on whether RIL breached the cost recovery cap before profit sharing with the Centre.
A division bench of the Delhi high court on Monday agreed to hear the Centre’s plea seeking to recover around $2.31 billion from Reliance Industries Ltd and its partners in the nearly three-decade-old Panna-Mukta and Tapti offshore oilfields dispute.
The bench comprising Justice Navin Chawla and Justice Madhu Jain rejected RIL’s objection that the Centre’s appeal was not maintainable. A detailed written order is awaited. The matter is expected to be placed before the roster bench of the Chief Justice of the Delhi high court before 17 February to decide the further course of hearing.
This story is from the February 03, 2026 edition of Mint New Delhi.
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